Replies to post #780992 on Fannie Mae-No Politics (FNMA)

[Rodney5]

Robert, I appreciate your contributions to our cause. Question, "EXACTLY, under HERA, the FHFA can set ANY Extraction Amount from the GSES so long as it's 'reasonable'."

Where is it recorded in HERA the FHFA can extract any amount of money?

No law, not HERA or the Charter Act or any other appropriations bill authorized the Treasury to provide a $200 billion taxpayer debt commitment fund for FNMA to draw from, it is all illegal. The FHFA / Treasury SPSPA is an illegal contract, Therefore Fannie Mae is not obligated to fund any amount of money to the FHFA.

[LuLeVan]

The hiring spree at the FHFA is even showing up in the national job data. ;-)

Government is hiring bigtime

By Jeffry Bartash

Government agencies at all levels added 52,000 new jobs in December - the biggest of any industry - to cap off a record year of hiring.

[Rodney5]

The fourth branch of gov.

IF THE FHFA / TREASURY are allowed to continue with the violations the illegal contract the SPSPA agreement is allowed to stand the companies money will be extracted for the pet projects of their choice.

ANYONE: What appropriation was afforded the Regulator to give a capital distribution??
What law gave the Regulator the authority to give away the companies' money while the enterprises are undercapitalized??

How did FHFA under Calabria "Distribute" $1.09 Billion to the
Affordable Housing TRUST FUND from UNDER Capitalized GSEs?

And FHFA acting director Sandra L. Thompson announced that the
Housing Trust Fund and Capital Magnet Fund will receive a total of
$1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac?