Fannie Mae-No Politics (FNMA)

[Wise Man]

SCOTUS blessed the NWS dividend because it's authorized an infinite dividend rate on SPS and in an infinite amount, in the second UST backup of FnF inserted by HERA in the Charter Act, shamelessly just below the original one with a "rate that takes into consideration the Treasury yields as of the last day of the month preceding the purchase" (It's been considered a 0.5% spread. Weighted average 1.8% dividend rate in the 5- and 6-year investments in SPS of Freddie Mac and Fannie Mae, respectively. See my signature image for Freddie Mac), and with the same name: "Authority of Treasury to purchase obligations. Terms and conditions".
The Congress should have updated the outdated $2.25 billion limit in the original UST backup, established 60 years ago when the debt outstanding of Fannie Mae was only $15 billion, instead of enacting a second one. The advisors were more interested in replicating the provision entitled Separate Account of the FHLBanks in 1989, that saddled the taxpayer with losses (estimated $48.8 billion), where Sandra Thompson (FDIC, manager of RTC) and DeMarco (auditor at GAO) were to blame, and lie about it.
But Justice Alito started off his statement with "rehabilitate FnF", which has only one meaning that judge Willett corroborated in a prior ruling over the same case, interpreting the same Incidental Power: "Any action authorized by this section" means "within the enumerated powers", like its power of Rehabilitation of FnF: put FnF in a sound and solvent condition (Recapitalization and reduce the SPS, respectively)

Justice Alito simply authorized the use of the Incidental Power to lie about it "in the best interests of the Agency" and keep the money in escrow as part of a Separate Account, that he called "beneficial to the Agency" intentionally as he was told, to transmit an idea that isn't what is written, about monetary benefit, and aiming to back up the stock price manipulation with the hedge funds' government theft story, besides the use of FnF for the extortion of their resources "beneficial to the public", using the investment banks as conduit for public policies, like the sale of RPL at a deep discount to capture the debt forgiveness string that Trump attached. Sale of NPL and REO inventory to minority-owned businesses, women-owned businesses, LGTB associations, neighborhood associations, etc.

It has become known as "The pillaging doctrine".
Pretty much judge Willett, justice Alito and our negotiator on #Fanniegate were synchronized.