Replies to post #766197 on Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Nope. It's not a dividend. Better hurry up and call all the news outlets, all the government, all the courts, Tim Howard, and everyone else that calls it a net worth sweep and never say it's a dividend., lol
You're truly lost and beyond help. There is no "D" in NWS.
Here's the definition for you. The definition canotates a sum, not the net worth, it says to shareholders also. I am a shareholder, Guido is a shareholder, Robert is a shareholder, we all bought shares legally. The government is NOT a shareholder, they fraudulently made up their position and take the net worth of our companies. It is no way a dividend to them. The companies never needed their bail out. We have an unplayable loan balance, that never goes down. When an entity takes your net worth, there is NO dividend.b. also based on the law government is NOT allowed to invest or own private corporations, based on that, how is it possible to pay them a dividend?

Quick, someone call the whambulance. All this crying is bad for your health. Since you got it all figured out...even cited Tim Howard (a fool in this own right)....seems it's time you read KT's signature....file a lawsuit or shut up. Clownish replies won't change the facts and definitions in contracts with Treasury. The government isn't a shareholder? Now the Senior Preferred Shares are not shares? LMAO at you. The law doesn't allow the government to invest in private corporations? Yep, right there is your lawsuit......

COMES NOW, Plaintiffs Louie_Louie, Guido and Robert, common shareholders of FNMA, together seeking an injunction against FHFA/Treasury 'cause the law doesn't allow the government to invest in private corporations, but it's not a real investment because they aren't shareholders, it's an un-payable loan. We base this lawsuit on bovine excrement we've read on the internet and demand a reversal of all actions since 2008 so that commons will go to the moon.

[Donotunderstand]

read what has been posted

the language !!!

the dividend clause - set at 10% was modified to be all at 2018

dividend from day one until now

again - the actual language was posted by ? in the last 24 hours and it is fact

[Donotunderstand]

dividend

another poster - I am copying the entire post - READ IT

Once again, just to spike it.

Paragraph 3, page 4
https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-Third-Amendment-to-the-Amended-and-Restated-SPSPA_08-17-2012.pdf

3. Amendment to Paragraph 2(c) of Senior Preferred Stock (Relating to Dividend Rate and Dividend Amount).

With respect to the Senior Preferred Stock Certificate sold by Seller to Purchaser and purchased by Purchaser from Seller, Seller
agrees either to amend the existing paragraph 2(c) of the Senior Preferred Stock Certificate, or to issue a replacement Senior Preferred
Stock Certificate, in either case so that, effective September 30, 2012, paragraph 2(c) reads as follows:

(c) For each Dividend Period from the date of the initial issuance of the Senior Preferred Stock through and including
December 31, 2012, “Dividend Rate” means 10.0%; provided, however, that if at any time the Company shall have for any reason
failed to pay dividends in cash in a timely manner as required by this Certificate, then immediately following such failure and for all
Dividend Periods thereafter until the Dividend Period following the date on which the Company shall have paid in cash full
cumulative dividends (including any unpaid dividends added to the Liquidation Preference pursuant to Section 8) the “Dividend
Rate” shall mean 12.0%.
For each Dividend Period from January 1, 2013, through and including December 31, 2017, the “Dividend Amount” for a
Dividend Period means the amount, if any, by which the Net Worth Amount at the end of the immediately preceding fiscal quarter,
less the Applicable Capital Reserve Amount, exceeds zero. For each Dividend Period from January 1, 2018, the “Dividend Amount”
for a Dividend Period means the amount, if any, by which the Net Worth Amount at the end of the immediately preceding fiscal
quarter exceeds zero. In each case, “Net Worth Amount” means (i) the total assets of the Company (such assets excluding the
Commitment and any unfunded amounts thereof) as reflected on the balance sheet of the Company as of the applicable date set forth
in this Certificate, prepared in accordance with GAAP, less (ii) the total liabilities of the Company (such liabilities excluding any
obligation in respect of any capital stock of the Company, including this Certificate), as reflected on the balance sheet of the
Company as of the applicable date set forth in this Certificate, prepared in accordance with GAAP. “Applicable Capital Reserve
Amount” means, as of any date of determination, for each Dividend Period from January 1, 2013, through and including
December 31, 2013, $3,000,000,000; and for each Dividend Period occurring within each 12-month period thereafter,
$3,000,000,000 reduced by an equal amount for each such 12-month period through and including December 31, 2017, so that for
each Dividend Period from January 1, 2018, the Applicable Capital Reserve Amount shall be zero. For the avoidance of doubt, if the
calculation of the Dividend Amount for a Dividend Period does not exceed zero, then no Dividend Amount shall accrue or be
payable for such Dividend Period