Fannie Mae-No Politics (FNMA)

[Wise Man]

THE NEGOTIATION OF A RESOLUTION TAKES PLACE ON #FANNIEGATE.

🚨@USTreasury INCREASES THE PROFIT DURING CONSERVATORSHIP TO $50B
$1.1b 3Q TCCA fees added.
With the Secret Plan +2 g-fees accounting change➡️$0 refund
Otherwise SP +$0 profit +$160b refund,applying what is written.
Requirements:
Mngmt/BOD reshuffle
$18b Moral Damages.#Fanniegate https://t.co/RVba1lCZxH

— Conservatives against Trump (@CarlosVignote) November 7, 2020

The shareholders have offered a resolution that would make the Treasury claim that it made a profit of $50 billion during conservatorship, both revenues and cost savings (the TCCA fees, the corporate tax paid on the settlements, interests and the Federal relief programs like MHA, foreclosure suspension and forbearance)
Besides the Secret Plan, the Treasury has to add up a change in the accounting rule for the two guarantee-fees. The outcome is that also the Treasury won't have to refund any money to FnF, as the resulting corporate tax matches the $110 billion owed to them. So, a tax credit will be applied on the first quarterly earnings.

The other alternative is the "APPLY WHAT IS WRITTEN" approach: the Secret Plan as well, but this time the Treasury would make $0 in profits, not even a retribution on the SPS, as the Charter's low-rate on obligations is reduced with a huge collateral (Warrant) handed out to the Treasury. And it will have to refund $160 billion to the enterprises.

The shareholders require a management and BOD reshuffle, plus approximately $18 billion in Moral Damages.