Fannie Mae-No Politics (FNMA)

[Wise Man]

BOOM. Our negotiator posts the official dates of earnings reports in which FnF achieved important milestones under the Separate Account plan, that are essential for the optimal stock valuation of both Cs and JPSs, otherwise we'd be talking about the dilution effect on Cs and discount to par value in the JPSs and more important, a fraudulent Conservatorship because currently FnF are NOT rehabilitated ($-216 billion in the Retained Earnings accounts that absorb future losses; $304 billion SPS that have to be paid back; Financial Statement fraud with the gifted SPS absent from the balance sheets,...). Breaking the fhfa-C's Rehab power, which was the prerequisite laid out by both judge Willett and Justice Alito (the Marxist way, he added)
The Separate Account plan is the same as a normal Conservatorship with the dividend suspended. The only difference is that it's being carried out secretly. So, both have the same chart shown in my signature image below.
Another reason why no one can say that the Separate Account plan isn't really happening.
It's time to snub all the attorneys stuck to Fanniegate with a crazy stance based on a Govt theft story, 10% dividend, gifted SPS in the same amount as the Net Worth increase in the quarter and so on and so forth.
FREDDIE MAC/FANNIE MAE
-1Q2021/4Q2021. Adequately Capitalized. Notice that FnF had to wait until they became Undercapitalized (met with Core Capital), as the Minimum Capital level was turned into a Leverage ratio, and now it's higher than the Risk-based Capital requirement that marks the Adequately Capitalized threshold.
-3Q2021/3Q2022. FnF met 25% of the Capital Buffer. Threshold for the resumption of the dividend payments (Table 8: Payout ratio. February 16, 2021 Capital Rule), that also marks the date when the JPS's fair value fetches its par value.

-4Q2022/(*)4Q2023. FnF met 25% of the Capital Buffer in the case that the JPS are redeemed by FnF.
(*) In this case, the reason why the FNMA holders might be hit with a small discount in the case of a Takings today by the UST at the BVPS.
Notice that the tweet has been updated to stress that there is no discount in the following resale of FNMA at PER 14 times, as it's contemplated an Accounting Standard change just after the Takings, for the amortization of the Deferred Income into earnings in one fell swoop.
This is harsh for the FNMA holders, but authorized in the famous fhfa-C's Incidental Power (best interests of FnF and FHFA). Otherwise the FNMA holders would vote against the redemption of the JPS now.

PER 14x NEEDS COMMON EQUITY 1ST
▪️1Q2021/4Q2021 FMCC/FNMA Adeq Capitalized(Total C.):no dilution in stock offerings.
▪️3Q2021/3Q2022:FnF met 25% C.Buffer(Tier1 C.). Div payment resumes→JPS=par value.
4Q2022/(*)4Q2023 upon JPS redemption.(*)Slight discount now on FNMA.#Fanniegate pic.twitter.com/SOOSjfNdRq

— Conservatives against Trump (@CarlosVignote) August 29, 2023