Fannie Mae-No Politics (FNMA)

[Wise Man]

Navycmdr and his weird websites and YouTube videos.
He has found a website with another glitch. This time, in its forecast of EPS, because FnF post always $0 EPS or close to it, depending on OCI, which is very small in FnF.
Even after watching that in prior estimates, the website was wrong.
Like other glitches he has echoed before, with an estimate of dividend payments for 2024, etc.

$0 EPS (Income Statement) due to the ongoing Common Equity Sweep, that was brought to you by the Trump Administration. A NWS 2.0.
Trump on the NWS dividend:

Another Obama/Biden scam. The idea that a government can steal money from its citizens is socialism and a travesty brought to you by the Obama/Biden Administration.

Now, it's the same Common Equity Sweep as before with the NWS dividend.
Both operations (cash dividend and SPS LP increased for free, are debited from the same account: the Retained Earnings account - Core Capital and Common Equity-). Hence, Common Equity Sweep.

Now, it's worse because it's concealed with Financial Statement fraud: gifted SPS and its offset, absent from the Balance Sheets.

Today's, would uncover the Separate Account plan from the onset, that has paid off the SPS through 2014. This is why it's concealed.

Today's exception to the Restriction on Capital Distributions: Recapitalization (CFR1237.12). Hence the "Common Equity held in escrow", referring to CET1 (regulatory capital), in order to legalize the capital distribution that went through, despite the restriction.
Before with the dividend payments? Reduction of the SPS (U.S. Code 4614(e)).

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