Replies to post #794093 on Fannie Mae-No Politics (FNMA)

[Wise Man]

The lowlifes target the Income Statements (EPS) and FnF and the FHFA target the Balance Sheets, where this SPS LP increased for free (First, a one-time $3B in December 2017. Then, every quarter since September 2019) and its offset, are missing.
Fannie Mae posts the same SPS LP every quarter: $120.8B.
The actual SPS LP outstanding as of March 31, including the one scheduled to be increased on June 30 that must show up as well (no cash is expected to receive): $203.5B.
Hence, $82B SPS LP missing, which is the $82B Net Worth built.
These people want to meet the capital requirements with the Net Worth, which means, that it's met with the SPS handed out to the government.


Likewise Freddie Mac:
Its SPS LP is stuck to $73B every quarter. Yet, the actual SPS LP outstanding stands at $123B as of March 31, including the one scheduled for June 30.
$50B SPS LP is missing, equal to the $50B Net Worth.

FnF are building SPS, not regulatory/statutory capital.

Bill Ackman and Sandra Thompson lie: "FnF continue to build capital through Retained Earnings".
The payment of Punitive Damages will clear things up.

[imbellish]

This is why the appeal in the Wazee case, which is the first case that challenges the SPS LP increased for free (though brought in a 3rd amended complaint recently), was recently postponed to May 25th by the attorney Hamish Hume, also an attorney in the Lamberth court. He knows that he would dinamite his own case in the Lamberth case, the very moment he complains about an unsolved issue.
This is why it's being concealed. "Unsolved issue? What issue? Everything is fine! Weee!"

Question for you, Mr. Vignote: would you agree with the Plaintiff's asks in the current complaint for the Wazee case? I've been considering contacting them.

No excuses for the Bloomberg Terminal posting the KBW's EPS estimates of $3 in 2024 and 2025, outliers in comparison with the previous ones of $0. Or Guido, Pagliara's clerk, insisting on $3 EPS in this board.

I'll have you know I'm half way through a Postbaccalaureate degree in Accounting - and I at large agree with your accounting view of this situation. I've read your legal analysis for years now, and I ultimately agree with it, at least with the letter of it. The spirit of the broader law surrounding it, however, has been subject to all sorts of nearly Orwellian redefinitions of Equity especially when it comes to the shareholder/stakeholder, and the putrid agents at the fisc are certainly more to blame for defending it.

Our polities are very much turning Brazilian, I'm afraid.