Replies to post #780366 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

It takes 2 to tango, as I recall the FHFA Director has to approve the transfer of funds (or increase in the LP?) from the balance sheets of the GSES to the US Treasury.

Remember this request from the banking industry:

"We urge FHFA to suspend the dividend payments to the U.S. Treasury this month and allow the Enterprises to rebuild their capital buffers to avoid a draw for widely anticipated non-credit related losses at the Enterprises. We know this decision is time sensitive, so we thank you for your consideration of our views and we would welcome an opportunity to speak further."

https://civilrights.org/resource/letter-to-secretary-mnuchin-and-director-watt-regarding-fannie-mae-and-freddie-mac-profits/

[FFFacts]

This is incorrect on a number of items.

This breach cannot be fixed without nullifying the SPSPA

The Gov has acknowledged this by not appealing the jury verdict.

Bottom line, the Conservatorship of the GSEs controlled by the SPSPA is over.

[Wise Man]

SPSPA +amendments are fact sheets emanating from the law/regulations.
The latest, the July 20, 2011 Final Rule enabling the 2nd phase and 3rd phase of the Separate Account plan, commented in my prior post.

So, all the following amendments emanated from this rule and every quarter there are violations of this Final Rule, that is telling you that a capital distribution must be applied towards the recapitalization, unless the FHFA and the UST unveil the Separate Account plan.

Quit peddling the breach of contract, with a dividend that was impeccably suspended. Get over it.

Moving foreword, every quarter that the LP and warrants remain will create a new breach of contract. It is not hard to figure out. The Gov has acknowledged this by not appealing the jury verdict.

A verdict cannot be appealed, but a judgment, rogue pro se plaintiff (💩fan strategy)

[LuLeVan]

The Gov has acknowledged this by not appealing the jury verdict.

The defendants in the Lamberth jury trial are neither the government nor Treasury, but the two companies, Fannie and Freddie.

So far, no one has been able to appeal the jury's verdict because it is not yet final. Among other things, Lamberth's signature is missing.