Freddie Mac-No Politics (FMCC)

[Wise Man]

$FMCC. SUMMARY OF THE RESOLUTION OF THE CONSERVATORSHIP AND THE SEPARATE ACCOUNT PLAN ACCORDING TO THE LAW.
Watch my signature image to see how the Net Worth evolved during conservatorship (the PLMBS lawsuit settlement wasn't included yet) and how the UST backup of FnF works; The dividend on the cumulative SPS coincide with the interests on the amount due to FnF, after applying their special borrowing right from UST. So, it's netted out.

COMMON EQUITY: $97B ($150ps). It was calculated:
Beginning balance, June 2008:$-1.2B
+Accumulated Total Comprehensive Income (adjusted for the charges in several Accounting standard changes):$72B
+CRT, net (Retained Earnings):$7.7B
+73% PLMBS lawsuit, based on the AOCI (unrealized losses in PLMBS) on June 30, 2008, compared to Fannie Mae: $19B
It's reflected on the Balance Sheet with a posting of $97B on the Retained Earnings account and the Treasury Stock is reduced to $0 (the stocks repurchased are retired), the other accounts are approximately $0 as seen today.
Common Equity as of end of December 2022:
$0 common stock par value
$0 Additional Paid-In Capital
$0 Treasury Stock
$97B Retained Earnings account
$0 AOCI

CASH REFUND=$74B
U.S. Treasury, $55.8B: $48B SPS overpayment +$7.7B CRT, net.
FHFA, $18B PLMBS lawsuit (Atty fees, included)