Replies to post #342928 on Fannie Mae-No Politics (FNMA)

[Popeye9]

But the document must in detail provides how dividend is calculated and if any return of principal be allowed or early redemption of the preferred shares based on the 2nd amendment? Clearly, the third amendment throws everything out of the window. But it seems again they are trying to have it both ways.

Since they took in many times return greater than that 10%, due to third amendment, they would have to use the amount exceeding that 10% for principal repayment.

Then all those penalty to the litigations against the banks got taken by fhfa which should have flown to the fnfs if fhfa were not created.