Fannie Mae-No Politics (FNMA)

[Rodney5]

Bradford, you said it yourself the Theft by Ed Demarco.

WRITE ABOUT IT, Maybe, a real publisher will pick it up, instead of seeking garbage.

Bradford Quote: "Fhfa and Treasury conspired to steal from shareholders and executed flawlessly and ed demarco survived his first court appearance with a mistrial despite lying on the stand." End of Quote

If you know this use your platform to speak out against this Wickedness. Don't encourage the theft.

Key word 'CONTRACT' The shareholders are under a contract.

Be a lover of our constitution. Stop with encouraging the theft. You know it, I know it, and everyone else knows the Treasury is stealing from the shareholders, if the FHFA allows the SPS Conversion to common stock. And what makes anyone so sure the JPS can’t be wiped out.

The problem is not that the Treasury Swept the Net Worth of the companies. THE PROBLEM: The FHFA appointed CEOs failed by sending the NWS payments to the Treasury without the terms of the Pay Down of the Liquidation Preference applied.

Self-dealing FHFA appointed CEOs.

WRITTEN AS CLEAR A DAY, Optional Pay Down of Liquidation Preference.

No one from the companies sent any letter to the Treasury stating the Liquidation Preference has been paid in full and the Senior Preferred Stock canceled. Instructions are written in the contract to do so. The FHFA appointed CEOs failed by sending the NWS payments to the Treasury without the Pay Down Option of the Liquidation Preference. The CEOs let the Treasury take it for free with no representation of the shareholders.

Self-dealing FHFA appointed CEOs.

WRITTEN AS CLEAR A DAY, Optional Pay Down of Liquidation Preference.

Any loyal conservator of Fannie and Freddie would take advantage of the refinancing option to end the bailout arrangement, by paying off the senior preferred in full.

READ THE TERMS OF THE CONTRACT

According to the 'Contract' the companies did not need Treasury's permission to pay down the LP.

The money swept by the Treasury apply it to LP and the 10% over payment returned to the companies the LP would be paid in full and the SPS would be redeemed and the SAME DAY IN TIME the companies could turn to the Market with a secondary IPO replacing the commitment.

Link: https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-Fourth-Amended-Restated-Certificate-04-13-21.pdf