Fannie Mae-No Politics (FNMA)

[Wise Man]

THE SHAREHOLDERS CALL FOR THE ARREST OF THE FHFA's ACTING DIRECTOR ALONG WITH THE BOD AND MANAGEMENT OF FnF.
Fact. If FnF recorded the SPS increased every quarter for free (which they aren't now), equal to the Comprehensive Income increased the prior quarter, don't you see that FnF would be recording twice the Net Worth increased in the quarter, accounted for in two quarters?
One with the Comprehensive Income. The second, the next quarter, with the increase in the SPS. Two times the same Net Worth.

This is evidence that when FnF record the SPS for free, it needs to be recorded also an offset that reduces the Net Worth.
This offset in the form of reduction of Retained Earnings (Core Capital) wipes out the first increase of the Comprehensive Income (Core Capital) in the prior quarter.
Therefore, FnF are not building Capital. They only build Net Worth in the form of SPS. That is, another NWS.

CALL FOR THE IMMEDIATE ARREST OF THE @FHFA's ACTING DTR AND HER CRIMINAL GANG AT THE BOD/MNGMT OF FnF
The lies have short legs.We see that if FnF record on the bce sheet the true SPS increased in the quarter,the NW increase is recorded twice w/ 1 quarter of delay.#Fanniegate @FBI https://t.co/3gWVZwXPpL

— Conservatives against Trump (@CarlosVignote) August 4, 2021