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Re: Wise Man post# 794093

Saturday, 05/18/2024 1:23:34 AM

Saturday, May 18, 2024 1:23:34 AM

Post# of 797477
The lowlifes target the Income Statements (EPS) and FnF and the FHFA target the Balance Sheets, where this SPS LP increased for free (First, a one-time $3B in December 2017. Then, every quarter since September 2019) and its offset, are missing.
Fannie Mae posts the same SPS LP every quarter: $120.8B.
The actual SPS LP outstanding as of March 31, including the one scheduled to be increased on June 30 that must show up as well (no cash is expected to receive): $203.5B.
Hence, $82B SPS LP missing, which is the $82B Net Worth built.
These people want to meet the capital requirements with the Net Worth, which means, that it's met with the SPS handed out to the government.


Likewise Freddie Mac:
Its SPS LP is stuck to $73B every quarter. Yet, the actual SPS LP outstanding stands at $123B as of March 31, including the one scheduled for June 30.
$50B SPS LP is missing, equal to the $50B Net Worth.

FnF are building SPS, not regulatory/statutory capital.

Bill Ackman and Sandra Thompson lie: "FnF continue to build capital through Retained Earnings".
The payment of Punitive Damages will clear things up.