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Re: LuLeVan post# 781302

Tuesday, 01/09/2024 2:30:45 AM

Tuesday, January 09, 2024 2:30:45 AM

Post# of 794472

The two companies (FnF)

are illegal parties in the Lamberth court, as they don't have powers and rights during a Conservatorship, as per the Succession provision (momentarily) meant to permit the conservator to fulfill its statutory goals, otherwise the management, BOD and the shareholders would have opposed to every decision. So, it's a normal transfer of powers and rights that, at some point, would be returned.

The hedge fund managers (Pagliara, Ackman, Berkowitz, etc) and their attorneys (Bryndon Fisher, Joshua Angel, D.Thompson, etc) have seen an opportunity to turn into Shareholders' Rights advocates and even Human Rights advocates with the attorney Rebecca Musarra hired by Hamish Hume in the Lamberth court to defy a President Biden starring in the role of tyrant recently, aiming to lure investors into the hedge funds' cause (multiple stock offerings), helped by shills on social media (navycmdr, Guido, Bradford, etc)

The role of tyrant was first portrayed by Sandra Thompson, with the "abusive conservator" rhetoric on social media in a comparison with Britney Spears' conservatorship, but it seems that this woman thinks that the FHFA director has no role in a conservatorship, omitting that it was a prior FHFA director who appointed the FHFA as conservator, as per the law, and she directed Berkowitz to remove her as Defendant in the Lamberth court (Source), she publicly said that she "defers to Congress the release" (like Mel Watt) without pointing out that it's because of the 3-option Privatized Housing Finance System revamp, chosen by the Treasury in 2011 for the release from Conservatorship, at the request of the Dodd-Frank law of 2010, and, finally, the accomplices now peddle the slogan: "Rumors of President Biden GSE release": Richard Whale's tweet, so now all the blame falls on President Biden in the role of tyrant.

This way, the FHFA director has shed all her duties as conservator of congressionally-chartered private corporations (dereliction of duties), and she is a copycat who mimics the FHA Commissioner.

Then, the role of the poster on this board that calls himself "from Yahoo bd" and writes here daily like mad just to repeat the word Nationalization and that FnF

have 1.25%-1.50% Capital


when the amount stands at an adjusted $-194 billion Core Capital according to the ERCF tables ($-76 billion Core Capital is the official figure. Then, the adjustment for the offset with the SPS LP increased for free, absent from the balance sheets)
It seems that the Special Interest Group (SIG) wants to conceal the current status of Conservatorship and the fact that the Common Equity keeps on piling up (image of Freddie Mac below) under the Separate Account plan, the only plan that upholds the law.

Multiple schemes to misrepresent their financial condition (CRTs, gifted SPS that make FnF post $0 EPS every quarter, the Warrant, etc.). It's pretty obvious that they want the Treasury to buy FnF on the cheap, or at no cost at all, mixing up Nationalization with Conservatorship and covering up that FnF are not ordinary businesses in the Charter Act.

A Taking of our stocks is just fine, but it should be at their adjusted fair value, in accordance with the law and basic finance.
The JPS would be redeemed by FnF thanks to a CET1 > 2.5% of Adjusted Total Assets (compliance with Tier 1 Capital > 2.5% of ATA afterwards, A minimum Leverage capital required -ERCF-). A corporate decision unrelated to a Takings.

A badly rated movie with bad actors.