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Re: navycmdr post# 731610

Monday, 09/12/2022 12:43:16 AM

Monday, September 12, 2022 12:43:16 AM

Post# of 803523

Dividends are NOT ALLOWED during Conservatorship


Really? Because you have always advocated for the 10% dividend to UST. Did you backtrack? Did Rosner, Pagliara and Howard backtrack?
Are NOT ALLOWED, where? Is it in a Law? Because you can't say the word "law".
Tell us where in the law isn't allowed.
Here is when the conspiracy melts down. It's written in the Restriction on Capital Distributions, as a dividend is a capital distribution.
The law continues with the exceptions: reduce the SPS. Then, we assume that the capital distributions that we've seen quarterly (both the 10% and the NWS dividends), have been applied toward the reduction of the SPS, repaid in 2013 for FMCC and 2014 for FNMA.
Wait! Because with the NWS dividend, the SPS were going to be repaid fast, the FHFA enacted in July 2011 another exception to continue with the dividend payments to UST: for their recapitalization (CFR1237.12)

Now, you are in favor of jurors with the only requirement of having driver license, to resolve the Fanniegate scandal. We know why. The corrupt outlaw attorneys double down on the plan of covering up the law in force. GOTCHA!
Our negotiator is now denouncing on Twitter (#Fanniegate hashtag), a case of dereliction of duty with the FHFA director, with all these judges and now jurors, making decisions over the conservatorship.

I repeat the same question:
Tell us where in the law isn't allowed. With the exceptions, etc.
We are looking forward to your reply. You can copy-paste my answer to that question.