Fannie Mae-No Politics (FNMA)

[Wise Man]

The settlement worth $25.5B of the PLMBS lawsuit brought by the conservator FHFA on behalf of FnF, in a case against 18 financial institutions and a $202B PLMBS portfolio, has not been recorded on their Financial Statements and then, swept to the UST as you claim.

Just look up their financials from 2013 through 2017. You’ll see amounts they received in settlements. I on vacation and can’t provide you with the PDF files.

Otherwise you have to prove it showing the comments of the managements that reflect it, as they are compelled to comment every line item of the Financial Statements in the Earnings reports (10-k form filed with the SEC).

The sum, less $500 million in attorney fees, is, therefore, deposited in a Separate Account, jointly with all other amounts owed to FnF.
That is, this Common Equity (The settlement is a non-taxable income, as it recovered the harm of loss. It goes straight to the Retained Earnings account) is held in escrow.

It isn't the first time that you post this lie without proof.
On vacation, the pdf files don't work. ROFL.