Fannie Mae-No Politics (FNMA)

[Wise Man]

Don't miss this excerpt taken from the February 2011 Report to Congress by the UST-HUD, linking the guarantee fee hikes during Conservatorship to a Basel framework for capital requirements (adopted by the FHFA in 2021), which is also the endpoint of the Conservatorships with a Privatized Housing Finance System, as outlined in this report submitted at the request of the Dodd-Frank law.
Had the back-end Capital Rule been announced within the typical 18-month period (1992 FHEFSSA) since it was required by HERA ("The director shall"...without time frame), primarily because HERA struck the entire Risk-Based Capital requirement and, since then, it's N/A in the reports to Congress, the investors would have spotted the Separate Account plan from the onset, and would have snubbed the fraudsters with the Court cases, advocating the 10% dividend to UST and even requiring a dividend for themselves too.