Fannie Mae-No Politics (FNMA)

[Wise Man]

It's been always a Common Equity Sweep.
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In either of the three phases of the Separate Account plan:
1st. 10% dividend.
2nd. NWS dividend.
3rd. SPS LP increased for free in the absence of dividend to UST. The Common Equity is swept to Treasury again, through the offset attached to the gifted SPS that are missing on the Balance Sheet, as we can see in this image with Freddie Mac. By they way, there is a typo because it should say Total Comprehensive Income, instead of Comprehensive Income, though they are the same figure or similar, since OCI is always $0 or very small.

The Retained Earnings accounts stand at $-216 billion as of Sept 30, 2023 FnF together, adjusted for the offset mentioned before ($-118 billion reduction of Retained Earnings).
$-98 billion Accumulated Deficit Retained Earnings accounts officially posted on their Balance Sheet (pending recording the SPS LP that is missing. Financial Statement fraud):
Freddie Mac Balance Sheet.
Fannie Mae Balance Sheet.
This account is the only item that really absorbs the future "unexpected" losses, meaning that this account bears the losses. The Capital Stocks do not bear losses, but they offset a negative RE account, so the resulting sum maintains the Net Worth with positive credit.
The Common Equity Sweep has prevented this account from being replenished and then, to continue its build-up, for the normal functioning of a financial company. This is why it's assumed that this Common Equity generated in Conservatorship, is held in escrow, in order to uphold the law:
-FHFA-C's Rehab Power.
-Restriction on Capital Distributions. Exceptions.
Besides the fact that no dividend was ever possible with a negative Retained Earnings account (Dividend, a distribution of earnings.)
Thanks to the FHFA-C's Incidental Power that allows it to mess around, if the endgame is the rehabilitation of FnF. A prerequisite outlined by judge Willett and justice Alito.
So, the Separate Account comes to force them to uphold the law and rehabilitate FnF, regardless of all their twists.

Timothy Howard, Guido, navycmdr with "the capital requirement is a limit" instead of a "minimum" required, Glen Bradford: "the SPS on the balance sheet", omitting the SPS absent from the balance sheet (Oooops!), among others, love to do the twist, pretending that FnF are in a good financial condition now.

What was swept to UST was the NW increase, comprised of (Income Stmnt):
-Comprehensive Income(Net Income)
-Other Comprehensive Income.
That later is accumulated on the Bce Sheet, resp.:
-Retained Earnings
-AOCI
Both accounts make up the CE.
A Common Equity Sweep.
Nowadays,NWS 2.0 pic.twitter.com/wOjLzFumF5

— Conservatives against Trump (@CarlosVignote) December 29, 2023