Fannie Mae-No Politics (FNMA)

[Wise Man]

The "hidden documents" don't exempt the litigants from crippling liabilities, along with the rest of plotters that write formal documents, for the coverup of the key statutory provisions, financial concepts (dividends, a distribution of earnings. Unavailable funds with Accumulated Deficit Retained Earnings accounts) and even the Charter dynamics: a UST backup of FnF to finance their operations as a last resort. Evidently, in exchange for their Public Mission (Everything in the same section: statutory purposes).

Obama has 11,000 Fnma hidden documents
Will we ever see them?

Those documents can't differ from what is set forth in the law and regulations and that's publicly available information.

Likewise, we don't need them to prove the intention to carry out a 1989 FHLB-style SEPARATE ACCOUNT (title of the statutory provision), starring the same individuals (DeMarco at GAO and, then, the UST. Sandra Thompson at the FDIC).
Besides that it's what legalizes every action, because that's why the FHFA Acting Director enacted a Final Rule "for the transparency of the Conservatorship" on the day of his Time Limitation of Acting Director (210-day period under the FVRA) exactly, July 20, 2011, enabling, thus, future deeds (3rd, 4th, 5th and 6th PA amendments), where he snuck another exception to the Restriction on Capital Distributions, for the moment when the SPS were fully reduced with the statutory restriction. An exception that "supplements and shall not replace the one by statute (Recap as well)", either in the exception 1, 2, 3 and 4: Deplete capital is authorized while FnF remain undercapitalized (capital exits the Balance Sheet)..... wait for it ..... for their Recapitalization (to build capital), which is a separate account wording right there.


Because you talk too much about the hedge fund manager Bruce Berkowitz,

Bradford - how do you feel now that number 1 shareholder Bruce Berkowitz has sold all his shares?

he is the last person to complain about "11,000 hidden documents", because he submitted a motion to compel the Treasury Department to produce documents that gave response to 37 questions (RFPs), RFP12 asked about the existence of a Separate Account plan:


But, after multiple delays by the Treasury and motions to compel compliance with judge Lamberth's subpoena to Treasury, Berkowitz withdrew the motion to produce the "hidden documents":


Surprisingly, judge Lamberth accepted the withdrawal of the subpoena to UST.

It wasn't the first time that a judge doesn't want to read the documents held under Executive privilege and between 2008-2012.
This is judge Sweeney, a former DOJ employee:


As I began this comment, we don't need these documents.

Will we ever see them?

Keep them.

Anyone can download the FHEFSSA and the Charter Act, as amended by HERA, and the most important piece of regulation, the Final Rule of July 20, 2011, that came with a surprise: CFR 1237.12.
The Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank law) requiring the Treasury to come out with "recommendations on ending the Conservatorships" (Source).
2011 Report to Congress: "Increasing the guarantee fees", Basel framework for capital requirements, 3-options for a Housing Finance System revamp (June 2022 commingled securities or Resecuritizations, for the option 3: government catastrophic-loss reinsurance, or private for the option 1 and 2).
2021 Capital Rule (ERCF), Basel framework for capital requirements. "Back-end" capital rule, after the typical Transition Period to build capital.