Replies to post #772909 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

So, the prejudgment interest is 64% of $299.4M. (1) If it is in compound interest, it should be more than 100%. (2) UST charged the GSEs 10% interest for their LP. Should we charge back the NWS excessive payments at 10% ? The GSE paid $141B and $40B dividend to UST in 2012 and 2013 per NWS. Without the NWS, they paid in excess of the original 10% (i.e. $19.1B) by $142.8B. The NWS excessive payments of $142B in 2012 at 10% compound interest should be $402B now. It is crystal clear a case of illegal taking of private property. NWS is a breached contract.