Replies to post #758570 on Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

Since FHFA gets its funding from F/F, I think I would say those fungible dollars mean that both enterprises are footing the bill for FHFA.

Your idea sounds valid: as a stockholder you could argue the past X number of years of cash sweeps are invalid and harmed F/F. Here, X equals the statute of limitations period in the applicable jurisdiction.

[Wise Man]

The attorneys not only agreed with the NWS 2.0, but also it's being used as the grounds to claim damages, based on the Financial Statement fraud in the Balance Sheets of FnF, that show Capital building but only because these gifted SPS are missing. Once they are posted, there is an offset that reduces the Retained Earnings account, wiping out the Capital just built.
Collins case: D. Thompson described Wonderland, where the Treasury gets rich with the gifted SPS every quarter since Sept 2019 and, at the same time, FnF build Capital. Then, he claims damages because the unconstitutional removal restriction of the FHFA Director prevented it from happening sooner.


I bet that, later, this same attorney, almighty David Thompson, challenges the Financial Statement fraud in the Lamberth court with multiple sealed documents.
Double win: concealing the Financial Stmnt fraud in one case. Seeking a confidential settlement with FnF of this fraud in other case.
Yesterday, the Fifth Circuit has tentatively scheduled oral argument in Collins v. FHFA, for the week of Sept. 4.
You are playing the fool with:

What about challenging the Net Worth Swipe quarterly increases in the LP since the MC/SM Amendment in the Court of Federal Claims?