Fannie Mae-No Politics (FNMA)

[Wise Man]

THEY REQUEST THE OVERPAYMENT ABOVE THE 10% DIVIDEND, WHICH MEANS THAT THEY AGREE WITH THE 10% DIVIDEND!!!!
That is, a refund worth $29 billion, but they request that it be recorded as a Tax Credit, which isn't CORE CAPITAL.
They don't request that the new SPS increased for free every quarter be cancelled, in the attorney's recent letter to Scotus.

You don't understand that the Capital requirements are met with the CORE CAPITAL. So, talk to me in Core Capital terms because the lack thereof would end up in multiple stock offerings to meet the Capital requirements.
I've written that FnF would need $155 billion of Capital if the plaintiffs win.
Add the conversion of JPS for Commons to meet the CET1 ratio and the requirement for the release from conservatorship.
The warrant, if it isn't challenged, it's exercised. It's pointless to claim that it will be challenged once it's exercised and the common stocks are circulating on the market. The damage would have been already done and you want to start another 12 years of litigation with the Government.

WE KNOW THE TRICK OF THE NEVER-ENDING LAWSUITS AGAINST THE GOVT. By the time there's a ruling, the UST would have finished off the sale of its stake on the market 10 years before.

I've posted an analysis that shows that FnF would end up with 58 billion common shares together.