Monday, September 25, 2023 7:44:34 PM
HappyAlways, I don’t think the NWS is a violation of HERA, what’s done after the sweep is the crime: or should I say what was not done.
It’s bad faith and unfair dealing when the Regulator is authorized to pay down the Senior Preferred Stock and sent the Net Worth without the pay down option. The FHFA Director doesn’t need the Treasury approval. The Director has
HOUSING AND ECONOMIC RECOVERY ACT OF 2008
Quote: “Page 2732
It’s bad faith and unfair dealing when the Regulator is authorized to pay down the Senior Preferred Stock and sent the Net Worth without the pay down option. The FHFA Director doesn’t need the Treasury approval. The Director has
HOUSING AND ECONOMIC RECOVERY ACT OF 2008
Quote: “Page 2732
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