Fannie Mae-No Politics (FNMA)

[kthomp19]

When the 3th amendment is taken away from a contract, the rest of the contract must be reconstructed and be enforced as the new contract then dictates

At that point it would just be the original contract plus the first two amendments.

voodoo accounting

Don't tell me that you're buying into this nonsense too. Calling it "voodoo accounting" doesn't change the fact that FnF's combined CET1 capital was -$197B with the seniors at the end of Q1, and -$4B without them.

when the 3th is declared illegal (the most likely scenario) all payments from Q2 2012 upto Q3 2019 will have to be returned, this totals $164,908

No. If the NWS had never happened FnF would have continued to pay the 10% dividend on the seniors. That knocks the $165B number down to around $125B.

Then as Conservatorship itself is also questioned in question 1) from Collins

WRONG. This is not even close to being correct. Read the question again.

1. Whether 12 U.S.C. § 4617(b)(2)(A)—which says that during conservatorship FHFA “succeed[s]” to shareholders’ “rights . . . with respect to the [Companies] and the[ir] assets”—defeats Plaintiffs’ statutory challenge to the nationalization of Fannie Mae and Freddie Mac;

The question presumes that the conservatorship is legal. There is no challenge to the conservatorship itself.

the executive powers might be voided

What does this mean?

the whole PSPA might be voided

The Collins plaintiffs say they wouldn't be against this, but it's not the relief they seek. At least you're correctly saying "might" now instead of "must" or "will".