Fannie Mae-No Politics (FNMA)

[Wise Man]

THE #FANNIEGATE CASE,HAS BEEN DECLARED "CLOSED" ON TWITTER
The thread explains that the FHFA-C had only 3 options once FnF post profits, using either its Powers or its Incidental Powers:
1-Redeem the SPS with cash.
2-A secret plan of SPS redemption under the guise of dividend payments to UST.
3-Keep the cash and reinvest it in securities.
The 3 options are also recapitalizing FnF with the profits (Core Capital)
The FHFA-C chose the option #2.

When I said "@FHFA chose SPS repaid 1st, instead of Recap 1st",I meant Secret Plan of SPS repaid 1st,but it doesn't affect the Recap,rolling since day 1.
BOOK ENTRY:Cash(Asset)🆚Profit(Equity;Core Capital)
FnF paid the SPS down with profits,instead of cash.#Fanniegate @Whitehouse pic.twitter.com/AiGBiqzI9z

— Conservatives against Trump (@CarlosVignote) July 27, 2021

This is the true analysis under the law and basic concepts in Finance.
The corrupt plaintiffs and the rest of the Judiciary, are illiterates in Finance and cover up many provisions in the law, they don't even know what is a capital distribution.

They follow orders from Wall Street.