Replies to post #777893 on Fannie Mae-No Politics (FNMA)

[Boat Shoes From Yahoo]

Wise Man is Obsessed with the
Secret Plan! Still waiting for the separate secret account too!
How much longer? Longer than the 15+ years that we’ve all been waiting for?

[Wise Man]

Among the definitions re Capital: Definition of Capital Distribution.
1-Dividends and today's SPS increased for free.
2-Stock buybacks.
3-Payment of Securities Litigation judgment, included by the FHFA with an express grant of authority, through the 12 CFR 1229.13.


RESTRICTION ON CAPITAL DISTRIBUTIONS

The FHFA already prohibited the payment ordered in the Lamberth court because of this restriction, and it can't be overridden with

"...except to the extent the Director determines is in the interest of the conservatorship"

(CFR 1237.13). Funny afterthought.

July 20, 2011. Final Rule, "for the transparency of the conservatorship".

[EternalPatience]

Three questions

1) Why did you cut his age down by half

2) Why did you give a bulls eye emoji to your posts yourself?

3) Am i getting the usual Poop emoji for this post?