Fannie Mae-No Politics (FNMA)

[Donotunderstand]

VERY INTERESTING

I copy and paste

The scope of this legal dilemma is potentially far-reaching. It is even possible that the January 2021 Letter Agreement (Mnuchin, Calabria) must now be deemed unlawful because the SPS LP that the government granted itself therein also constitutes an unlawful distribution of capital (violation of the Charter Act). Not to mention that the SPS LPs are accounted for as off-balance sheet items.

As a result, the Letter Agreements could be on shaky legal ground as of the 2012 NWS. Lamberth is about much more than breach of contract and the peanuts to be paid as compensation.

INTERESTING ----- and is there any process to look at this potential --- "graceful back door to end of NWS LP or even the entire LP?