Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Please provide us a link by any FHFA head, treasury head or president that refers to the NWS as a dividend. The NWS is not a dividend. Dividend is a share percentage of an earning, not the full worth of something. It was said the agreement was changed to no longer be a 10% dividend but the taking of the companies total net worth, hence net worth sweep, not net worth sweep dividend.

But wait! You're educated, so you should know words and terms matter, especially if you're a restructuring expert as you claim. So why are you making up this new term NWSD net worth sweep dividend? How do you rationalize a dividend and a net worth as being the same? No one ever has attained a net worth as a dividend. The NWS was to supposedly back stop the treasuries commitment along with the warrants. That is collateralizing in case of a required bankruptcy down the road. It guaranteed government EVERYTHING including your JPS if the GSE's ever failed, but it's turned into an illegal raping and fraud since their intentions were to not release.