Fannie Mae-No Politics (FNMA)

[Wise Man]

RECAP PLAN *ALERT* RECAP PLAN *ALERT* RECAP PLAN *ALERT*
Assuming that the unamortized premiums with a balance worth $52 billion in the case of FMCC and $32 billion for FNMA, are amortized today as part of a recapitalization plan, after paying the corporate tax, the outcome is a Net Income of $67 billion, deemed retained earnings and Core Capital.
$17.6 billion of additional tax revenue that the battered Govt would raise, needed for the payment of Moral Damages to the Equity holders, according to the average gap to the fair value of each class of stock, had The Secret Plan of repayment of the SPS (warrant cancelled if it was a collateral, otherwise illegal right away in the Charter's Fee Prohibition clause) and recapitalization in a escrow account at the Treasury Department, been made public.

There are other amounts deemed Capital:

$28b current Net Worth
$20b Loan Loss Reserve if deemed TIER2 Capital.
$159b owed by the U.S. Treasury (SPS overpayment; Corporate Tax on settlements; TCCA fee; interests on the escrow account; the expenses for the MHA, foreclosure moratorium and forbearance programs)

Total Capital= $274 billion as of end of June, 2020.

***THE ANNOUNCEMENT IS IMMINENT***