Fannie Mae-No Politics (FNMA)

[Wise Man]

The NWS dividend isn't a de facto Nationalization. It's barred in the Charter's Fee Limitation, unless there is a secret plan.
That is, it's a fast SPS repayment scheme under the exception B to the Restriction on Capital Distributions.
Later on, the NWS was applied for their recapitalization, under the CFR1237.12.

We know that Pagliara sent you here to rip off the shareholders, by repeating the word Nationalization.