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Federal National Mortgage Association (PK)

Federal National Mortgage Association (PK) (FNMFO)

12,000.00
0.00
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Closed March 29 04:00PM

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Wise Man Wise Man 1 minute ago
The attorney Hamish hasn't filed the appellants' brief on the scheduled date, due on March 25th, 2024, in a different case (Wazee. Court of Federal Claims with judge Sweeney) than the case in the Lamberth court.
Pacer doesn't show it on its docket, with the docket updated.


Check it out yourself:https://www.pacermonitor.com/public/case/52102413/Wazee_Street_Opportunities_Fund_IV_LP_v_US

Because I don't have subscription to Pacer, I can't be 100% sure, but it usually works fine for all the cases.
This is important because Wazee was the first case that challenges the ongoing NWS 2.0 or Common Equity Sweep through the offset attached to the SPS LP increased for free every quarter (Image), equal to the Net Worth increase, brought up by the attorney Hamish Hume in an amended complaint.
Have a look to the amended complaint in this tweet:
NO GLIMPSE OF LEGALITY W/ LAMBERTH
Atty Hamish didn't challenge today's Common Equity Sweep. It'd hinder his claim of 1-day share price drop rebate on 3rd amdt-day.
To avoid be sued, NWS 2.0 brought up w/ Wazee(CFC) in amended complaint.Appeal due 3/25.#Fanniegate @TheJusticeDept https://t.co/QPwJTUOf1G pic.twitter.com/PXHIHYNBcd— Conservatives against Trump (@CarlosVignote) March 20, 2024

Not challenging this NWS 2.0 was considered one of the two reasons why the Class Action in the Lamberth court was illegal, because of a breach of Rule 23(b)(3) that outlines the prerequisites for Class Actions:
A class action is superior to other available methods for fairly and efficiently adjudicating the controversy.
The second reason is because of the absence of the FNMA share class.
They are breaches because you can't claim now that the Class Action would put an end to the controversy.

Notice that, early in the morning on the day the appellant's brief was due, March 25th, I had explained everything I've just said to the pro se plaintiff in this comment, that he had difficulties in understanding because he was in a state of shock about what he was reading, as it would derail his expectation of getting back dividends on his Non-Cumulative dividend JPS (For instance, in his appeal in the Lamberth court, he claimed that his dividend should have been stored).

In order to not be sued, the attorney Hamish Hume felt the need to amend the lawsuit with Wazee, which is another Class Action, so he can argue that it makes up for the 2 flaws mentioned in the Lamberth court. This piecemeal approach is NOT how the Rule of Law works.

Providing the cover-up, were the allies Bill Ackman and the Fannie Mae CEO, both repeating that FnF are building capital as usual, jointly with the satellite hedge fund manager Alec Mazo on Twitter promoted here by Navy Hedge Fund, so the SPS LP increased for free and its absence don't affect at all to the enterprises, that had the objective to pave the way for this attorney to relinquish his claim of a damage caused by the NWS 2.0, and not affect the course of the Lamberth rebate.
The attorney didn't want to change the ship's course, unaware that the litigation diatribe is a sinking ship.
All the lawsuits are meritless with the Separate Account plan in accordance with the law. The dividend was impeccably suspended.
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Wise Man Wise Man 2 hours ago
CORRECTION. Ackman didn't remove "re-privatization" from his GSE slide of this year, published on February.
At the time, I had a look to the bullet points and spotted that the sentence with "re-privatization" that was written at the bottom of the slide in black letters the prior year, was omitted.
Yesterday I checked it out and realized that Ackman had made the executive decision to "upgrade" it to the top of the slide, as a headline, and written with blue marking paint. This is why it went unnoticed.


This isn't just speculation because it involves felonies, like the coverup of statutory provisions, regulation and basic financial concepts (Making False Statements), an elaborate plan of deception for stock price manipulation and assault attempt on the ownership of FnF (Common stock. JPS holders have "other ownership interest"), colluding with the FnF management and the conservator with their Financial Statement fraud (SPS LP increased for free and its offset, absent from the Balance Sheets) providing the alibi and, the key for being liable for $4.8B in Punitive Damages among all the plotters, it's carried out through formal documents that have more influence on the market price than just an opinion on social media "free speech", regardless of being a letter to Pershing's shareholders, or Hindes with: "To my partners". It's an official statement with the pomp of a corporate document and written as executive of that corporation, that it's made publicly available by simply posting it online and not sent by private email or mail to each shareholder/partner as it should be.
The same with the court briefs (abuse of court process), articles in SA with an editor, posted later on all the financial websites for the stocks in question, books, financial analyses, etc.
Playing the fool isn't an option. Attorney for Berkowitz, Bhatti, Robinson, Collins and Rop, David Thompson, in a conference call hosted by Pagliara: With respect to capitalization, I am not a regulatory lawyer. I am a litigator....That's being watched by a number of sofisticated lawyers...
22:30 mark:https://web.archive.org/web/20200619174039/https://investorsunite.org/wp-content/uploads/2020/01/1-24-IU-Teleconference-Audio.mp3

It explains why FnF have now an adjusted $402B core capital shortfall over Minimum Leverage ratio requirement as of end of 2023, expecting massive stock offerings for the hedge funds that pay him lying in wait.
He isn't challenging the SPS LP increased for free that carries an offset with reduction of Core Capital, selling it as a wonderland, where the UST gets rich with gifted SPS and, at the same time, FnF are being recapitalized (which means to build regulatory capital), based on the Financial Statement fraud in FnF, with gifted SPS/offset missing on the balance sheet.
And even he is using this fraud by FnF to claim "Constitutional damages" caused by the "for cause" removal restriction (it prevented the appointment of Calabria from happening sooner), and last but not least, using fabricated evidence (the Trump letter).
Let alone the "Lamberth rebate" for back dividends on the Non-Cumulative dividend JPS, which is another capital distribution restricted that he covers up, like dividends and SPS LP increased for free, which are the grounds of the Separate Account plan through the exceptions to this restriction by statute (repay the SPS/recapitalization) and the CFR 1237.12 (for recapitalization), necessary for the FHFA-C's Rehab power (in a sound condition means to build regulatory capital -Soundness-) and to comply with the ERCF. Primarily because the prior MANDATORY release was Undercapitalized capital classification, when the Core Capital is greater than the Minimum Leverage ratio, previously known as Minimum Capital Level.

The capital levels are the foundation in a financial company, but the self-proclaimed "unsofisticated lawyer" said "I'm not a regulatory lawyer" in a question about the capitalization of FnF, and a lawyer who is now asking for debt forgiveness (SPS LP cancelled), Argentina/IMF-style, after leaving FnF severely damaged thanks to his con job in the U.S. courts.
Double penalty for those playing the fool.
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PennMilitia PennMilitia 2 hours ago
You can say that again

Give me a break with some of these people.
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Brooge warrants cancelled Brooge warrants cancelled 3 hours ago
looks like it fell off the tracks
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The Man With No Name The Man With No Name 3 hours ago
The hype train ran out of steam.
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Brooge warrants cancelled Brooge warrants cancelled 3 hours ago
check out avtx
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Brooge warrants cancelled Brooge warrants cancelled 3 hours ago
can someone tell me wtf happened ?
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Hey_Its_That_Guy Hey_Its_That_Guy 3 hours ago
Anyone else seeing after-hours up 12%
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TightCoil TightCoil 4 hours ago
https://www.cbsnews.com/miami/news/conch-shell-blowing-contest-tests-pucker-power-in-key-west/
The sound produced by the conch is believed
to purify the environment, dispelling negative energies
and bringing in positivity. When it is blown before
or during a religious ritual, it is seen as a means
to cleanse the surroundings, making it conducive to
divine activities.
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TightCoil TightCoil 4 hours ago
If you don't find a whale horn repairman conch shells
are good at sounding a call to arms

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RickNagra RickNagra 5 hours ago
Yellow sticky.
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Sammy boy Sammy boy 5 hours ago
- 47K last 2 days

Now this is how I remember things, gain 24 give 30 back.

They could give a flying falk about shareholders, last thing on their minds.
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bradford86 bradford86 6 hours ago
“Purchaser may by written notice”

That would be Treasury. Why would they do that.
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FFFacts FFFacts 6 hours ago
Don't ask that dude anything. He knows nothing.
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basesloaded basesloaded 6 hours ago
Great find!
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Viking61 Viking61 6 hours ago
Holy crap! I’ve been out all day just getting back from vacation. What a tough day! Looks like huge profit taking before the Easter weekend! Yet, for every seller there was a buyer and we are back around the 20 day line. We took out a lot of stops with this one but I believe that the dynamics are still the same as far as the Trump trade goes . I myself did not sell a single share and am in it for the long hall. GLTA!
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stink stack stink stack 7 hours ago
BEnd over and take it with a smile., that's what JB does.
LOL
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real777mellon real777mellon 7 hours ago
This is where you realize you buy more or you B out.

Idk what happened today it's just back 10 days or so to what I want to buy more at.
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RickNagra RickNagra 7 hours ago
These cases do not belong to Hume. Hume cannot say withdraw even though he is saying waste of time. Other lawyers are involved. It is their case.

if he thinks none of the cases are going anywhere: why not withdraw, spare the plaintiff's money and everyone moves on.
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RickNagra RickNagra 7 hours ago
LOL so that's why we dropped. No worries I will get my horn fiixed. Markets are closed tomorrow so I have all weekend to find a horn repair dude.

Rick's whale horn was malfunctioning.
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stockanalyze stockanalyze 8 hours ago
if he thinks none of the cases are going anywhere: why not withdraw, spare the plaintiff's money and everyone moves on.
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sekander sekander 8 hours ago
Best rug-pull in ages. Probably the biggest one day drop since the Supreme Court kicked us in the teeth.
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FireMechanic FireMechanic 8 hours ago
One big smelly turd can't beat the government the pockets are deep and so is the corruption. Short selling ,dark pools, tokenizing shares, spoofing shares back and forth between brokers ,fake shares I could go on and on. Gary G taking care of wall Street citadel employee of the year
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RickNagra RickNagra 8 hours ago
Great find. I just listened to the entire interview for 44 minutes. Hamish discusses in detail what happened behind the scenes during the two trials. Lots of great information and I recommend everyone to listen to the interview. In particular he expects the appeal to last 1-2 years. He also expects the other ongoing trials to go nowhere. Essentially dead in the water.
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imbellish imbellish 8 hours ago
Seems enough "Trump trade"ers bought on margin recently because that was a pretty wild inventory imbalance today.
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ewtrader ewtrader 9 hours ago
Who will represent the “Puchaser” to make all Null and Void - and send the communication?

f6.7. Effect of Order; Injunction; Decree. If any order, injunction or decree is issued by any court of competent jurisdiction that vacates, modifies, amends, conditions, enjoins, stays or otherwise affects the appointment of Conservator as conservator of Seller or otherwise curtails Conservator’s powers as such conservator (except in each case any order converting the conservatorship to a receivership under Section 1367(a) of the FHE Act), Purchaser may by written notice to Conservator and Seller declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.

6.12. Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-26_SPSPA_FannieMae_RestatedAgreement_N508.pdf
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imbellish imbellish 9 hours ago
For what it's worth they don't express it as such in the interview.
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naveedkhan naveedkhan 9 hours ago
Thanks for posting but it makes me crazy that a press organization interested enough in the topic to interview an attorney would get the facts right in the interview teaser: "The sweep was established after Fannie and Freddie failed and were put into conservatorship in September 2008 during the Global Financial Crisis." Failed????
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Guido2 Guido2 10 hours ago
Thanks imbellish.
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imbellish imbellish 10 hours ago
Interview w/ Hamish Hume
https://open.spotify.com/episode/1EBGbLEYNbfzByGiNd388P
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JOoa0ky JOoa0ky 10 hours ago
Rick's whale horn was malfunctioning.
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Golfbum22 Golfbum22 10 hours ago
another GSE "whack a mole" day

did the evil MM's go away for 1-2 week skiing/beach trip?

sure looks like they came back to push us back down today
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ewtrader ewtrader 11 hours ago
SHORT SQUEEZE DAYS TO COVER - SQUEEZE next week
https://shortsqueeze.com/shortinterest/stock/FNMA.htm
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FFFacts FFFacts 11 hours ago
Go read some documents and figure it out. Why am I wasting time trying to help you figure it out. Shouldn't you be flying your toy airplane?
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GVInvestments GVInvestments 11 hours ago
Its not down that much. I'm loving the lower prices as I just bought more.
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GVInvestments GVInvestments 11 hours ago
There has to be someone that can reach put to them and get them to become share holders.
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RickNagra RickNagra 11 hours ago
Hey everyone we can go downhill skiing on today’s chart.
🤣 1
skeptic7 skeptic7 11 hours ago
Watch for lamberth sightings...
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stoxjock stoxjock 12 hours ago
How can the Commons of FnF come down so much in one day unless they are dumping a TON of Naked Shorts???

I am very sure that a "Scheme' has been hatched by Biden, FHFA and the SC0ndrel from OMaha so that OMaha Oracle "Buys up 90% ' of FnF Twins "Dirt Cheap', with help of the UST & Wall St MM Goons...Biden, UST , FHFA & Wall St Big Honchos have bunch of BRKA Stock-holdings in their Brokerage Accounts and they will "privatize all the Profits of FnF this way...H
Then Biden will come out and 'announce' that he is doing RRR of the FnF Twins....BUT I am afraid we existing Common-holders of FnF may get Diluted in the 'Secondary Offering' while they will have 'Anti-Dilution Covenants' in Place for Omaha Oracle's Investment in FnF.....That's what is happening I suspect with the way some Big Whales are Accumulating FnF this week, by stealing from Weak Hands Retails.
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RickNagra RickNagra 12 hours ago
Super crappy day.

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TightCoil TightCoil 12 hours ago
Maybe so, but we also need Sherrod Brown back in the picture:

Buy the People: Red as Rust — Sherrod Brown's battle for Ohio's populist vote
Senate Banking Committee Chairman Sherrod Brown faces a tough 2024 campaign to recapture his Ohio senate seat in a state that's increasingly Red. Can the same state that elected conservative populist firebrand J.D. Vance also re-elect Sherrod Brown? And what do the political undercurrents apparent in Ohio mean for banks?
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GVInvestments GVInvestments 12 hours ago
We need Jeff Vass to become a share holder in F and F.
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detearing detearing 12 hours ago
Weak hands sell fnf as they eye other flying high today. Greed is a foolish adventure leading to disaster.

Go with gut.

Fnf biggest winner of profit in the world...biggest potential win in a distressed stock in our lifetime.

Trump knows they stole investments from Senior Citizens...

Obama and now Biden continue the steal from fnf shareholders as they did in last election.

JustTHEfactsMA'AM.
👍️ 4 🚀 1
Donotunderstand Donotunderstand 12 hours ago
Congress seems pretty set on banning Tik Tok under current ownership

DJT did a 180 after talking with Jeff Vass a Byte Dance major holder (i.e. getting donation pledge?) and now - all of a sudden - has no problem with Chinese owning Tik Tok
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stink stack stink stack 12 hours ago
It's going to be ok little fellers. We should get some of our gains back next week.
Happy Easter weekend
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Clark6290 Clark6290 12 hours ago
Always have posted I own FNMAT and FMCC. I only troll the tellers of untruths, e.g., average pps is in the 30 penny range, own 500K shares, sell at exact HOD and buy at exact Low. I am in it for the long haul, also always posted.
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detearing detearing 13 hours ago
The cowardly will never hold FNMA FMCC to the big win.

They AIN'T invited to my party at the Wynn.

Chumps go home where the worm of 24/7 condemnation lives.

JesuschristiscomeinDAflesh
👍️ 5 🚀 2
Sammy boy Sammy boy 13 hours ago
I’m bought a grand of Fisker today, they always find away to survive. A manufacturer partners up with them could take it to a couple bucks overnight.
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Fuse78 Fuse78 13 hours ago
Hey Clark we all in this together. Hope you make some money…
Stop being such a troll… lol
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stoxjock stoxjock 13 hours ago
So, What was the "News" Today? Anybody who has ears close to the FHFA/DC Swamp Grapevine? TIA & GTU!
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