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Friday, September 03, 2021 12:06:51 AM
Congressional finding: 2008 HERA and 2012 TCCA, enabled what is explicitly prohibited in the Charters of FnF: 10%/NWS dividend, SPS for free, Warrant, CRT, TCCA fees, 4.2bp for a UST/HUD's slush fund, sell loans not in default, etc.
Besides, defrauding FnF with any artifice, like the scheme of Conservatorship, claiming that the conservator has absolute discretion and can benefit itself "and, by extension, the public it serves" (Supreme Court opinion) out of Capital generated by the enterprises, is an aberration and it's put on the same level as defrauding United States, a federal offense in the United States of America under 18 U.S.C. § 371, since, in "defraud", it's included "its Agencies, programs and policies", like a congressional charter. The evidence of the fraud is today's huge Capital deficit over Capital requirements.
The U.S. Treasury and the White House are compelled to refund the $184 billion owed to the enterprises, and proceed with the payment of a compensation for Moral and Punitive damages to the Equity holders, in an amount deemed appropriate to relieve the damage caused.
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