InvestorsHub Logo
Followers 10
Posts 1291
Boards Moderated 0
Alias Born 08/10/2022

Re: Fannie Heyyyyy post# 778770

Friday, 12/22/2023 9:05:23 AM

Friday, December 22, 2023 9:05:23 AM

Post# of 801043
Lamberth wasn't going to certify the verdict because he knows distribution does not meet the requirement of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act), as amended by the Housing and Economic Recovery Act of 2008 (HERA).

To stay within Congressional Law governing the Enterprises the Jury award will have to be collected after the companies are adequately capitalized. IF NOT the FHFA will violate the law yet again just as the FHFA has numerous violations already.

HOUSING AND ECONOMIC RECOVERY ACT OF 2008

RESTRICTION ON CAPITAL DISTRIBUTIONS.— page 2731
‘‘(1) IN GENERAL.—A regulated entity shall make no capital distribution if, after making the distribution, the regulated entity would be undercapitalized.

Lambert knows it’s illegal and the Jury saw right through the Government's false narratives. Much more than a small percentage payout to shareholders the Net Worth Sweep in bad faith and unfair dealings the Treasury is just as guilty as the FHFA. It’s all illegal and unconstitutional.

Can’t separate the two the FHFA / Treasury are both government agencies acting under the authority of the same Congress; one department acting loan officer the other department conservator both answer to the president. The Treasury has a connection under the same boss.