Fannie Mae-No Politics (FNMA)

[Wise Man]

It's based on the law in force and regulations. IT'S NOT A SECRET. It's carried out secretly.
The law states that the capital distributions, like dividends, are restricted unless they are meant to REDUCE THE SPS. Hello?
In July 2011, the FHFA added up another exception because the SPS were soon to be repaid: for their recapitalization (12 CFR1237.12), and that's only possible if the capital is held in escrow.
It's been explained a thousand times. Do yoy always need special assistance?