Replies to post #727855 on Fannie Mae-No Politics (FNMA)

[Wise Man]

It's based on the law in force and regulations. IT'S NOT A SECRET. It's carried out secretly.
The law states that the capital distributions, like dividends, are restricted unless they are meant to REDUCE THE SPS. Hello?
In July 2011, the FHFA added up another exception because the SPS were soon to be repaid: for their recapitalization (12 CFR1237.12), and that's only possible if the capital is held in escrow.
It's been explained a thousand times. Do yoy always need special assistance?

[Lite]

Not to get into an argument, but I do not believe Treasury has not be audited.

Not saying there is or isn’t an escrow; however, would like to know when/where Sweetheart deals were made during Admin when 3rd admin sweep started. It’s my understanding that banks were offered sweet deals if they gave to certain favorite community organizations. These deals that only several in Congress gave much talk about.

I watched many of the Senate hearings. Cannot count how many times Tim G offer closed door conversations with Senators to discuss and or explain certain political positions and/or policies?

Once all those net sweep funds were sent to Treasury, could those funds be tracked?

Were executive orders issued to use those said funds, and for what projects? Many unanswered questions.

Interesting to think that GSE (shareholder) profits could be added to Treasury’s general fund and used for all sorts of payments. Could these payments be used to pay law firms that are defending the net worth sweep and to prolong c-ship?

Again, that’s a lot of disposable cash that was transferred to Treasury. How much was it? Maybe Ron Paul knows more.