Fannie Mae-No Politics (FNMA)

[The Man With No Name]

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.

Will the SPSA third amendment suffice?

For each Dividend Period from January 1, 2013, through and including December 31, 2017, the “Dividend Amount” for a
Dividend Period means the amount, if any, by which the Net Worth Amount at the end of the immediately preceding fiscal quarter,
less the Applicable Capital Reserve Amount, exceeds zero. For each Dividend Period from January 1, 2018, the “Dividend Amount”
for a Dividend Period means the amount, if any, by which the Net Worth Amount at the end of the immediately preceding fiscal
quarter exceeds zero. In each case, “Net Worth Amount” means (i) the total assets of the Company (such assets excluding the
Commitment and any unfunded amounts thereof) as reflected on the balance sheet of the Company as of the applicable date set forth
in this Certificate, prepared in accordance with GAAP, less (ii) the total liabilities of the Company (such liabilities excluding any
obligation in respect of any capital stock of the Company, including this Certificate), as reflected on the balance sheet of the
Company as of the applicable date set forth in this Certificate, prepared in accordance with GAAP

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-Third-Amendment-to-the-Amended-and-Restated-SPSPA_08-17-2012.pdf

The NWS is the Net Worth Dividend.

You are very emotional, are you by chance female?