@FHFA @timhoward717 @carney misrepresentations on FHFA's own Strategic Plan @joshrosner

I've highlighted the fraud in red. Below are my notes, where I have uncovered fraud at FHFA within their own strategic plan document.

http://www.fhfa.gov/AboutUs/Reports/ReportDocuments/FHFA-Strategic-Plan-FY-2015-2019.pdf

The agency’s mission is to ensure that these regulated entities operate in a safe and sound manner so that they serve as a reliable source of liquidity and funding for housing finance and community investment. Since 2008, FHFA has also served as conservator of Fannie Mae and Freddie Mac (together, the Enterprises). “(B) to ensure that-- (i) each regulated entity operates in a safe and sound manner, including maintenance of adequate capital and internal controls;

(iv) each regulated entity carries out its statutory mission only through activities that are authorized under and consistent with this chapter and the authorizing statutes; and (v) the activities of each regulated entity and the manner in which such regulated entity is operated are consistent with the public interest.”

FHFA’s Role as Conservator of Fannie Mae and Freddie Mac. As part of HERA, Congress granted the Director of FHFA the discretionary authority to appoint FHFA as conservator or receiver of Fannie Mae, Freddie Mac, or any of the Federal Home Loan Banks, upon determining that specified criteria had been met. On September 6, 2008, FHFA exercised this authority and placed Fannie Mae and Freddie Mac into conservatorships.

FHFA, acting as conservator and regulator, must follow the mandates assigned to it by statute and the missions assigned to the Enterprises by their charters until such time as Congress revises those mandates and missions.

http://www.fhfa.gov/AboutUs/Reports/ReportDocuments/FHFA-Strategic-Plan-FY-2015-2019.pdf

Carrying on the business of the Enterprises in conservatorships also incorporates the above-referenced responsibilities that are enumerated in 12 U.S.C. § 4513(a)(1). Additionally, under the Emergency Economic Stabilization Act of 2008 (EESA), FHFA has a statutory responsibility in its capacity as conservator to “implement a plan that seeks to maximize assistance for homeowners and use its authority to encourage the servicers of the underlying mortgages, and considering net present value to the taxpayer, to take advantage of…available programs to minimize foreclosures.” 12 U.S.C. § 5220(b)(1).

Oh yeah? Let's take a look at that, shall we? http://www.gpo.gov/fdsys/pkg/PLAW-110publ343/html/PLAW-110publ343.htm

 (c) Consent to Reasonable Loan Modification Requests.--Upon any
> request arising under existing investment contracts, the Secretary shall
> consent, where appropriate, and considering net present value to the
> taxpayer, to reasonable requests for loss mitigation measures, including
> term extensions, rate reductions, principal write downs, increases in
> the proportion of loans within a trust or other structure allowed to be
> modified, or removal of other limitation on modifications.
> SEC. 110. >  ASSISTANCE TO HOMEOWNERS.

the other part where it is referenced

  (b) Homeowner Assistance by Agencies.--
            (1) In general.--To the extent that the Federal property
        manager holds, owns, or controls mortgages, mortgage backed
        securities, and other assets secured by residential real estate,
        including multifamily housing, the Federal property manager
        shall implement a plan that seeks to maximize assistance for
        homeowners and use its authority to encourage the servicers of
        the underlying mortgages, and considering net present value to
        the taxpayer, to take advantage of the HOPE for Homeowners
        Program under section 257 of the National Housing Act or other
        available programs to minimize foreclosures.
            (2) Modifications.--In the case of a residential mortgage
        loan, modifications made under paragraph (1) may include--

FHFA, acting as conservator and regulator, must follow the mandates assigned to it by statute and the missions assigned to the Enterprises by their charters until such time as Congress revises those mandates and missions.

Performance Goal 3.1: Preserve and conserve assets

FHFA’s authority as both conservator and regulator of the Enterprises is based upon statutory mandates enacted by Congress to ensure a liquid, efficient, competitive, and resilient national housing finance market, ensure safe and sound Enterprise operations, as well as to preserve and conserve their assets.

FHFA will also maintain programs and strategies to ensure ongoing mortgage credit availability, assist troubled homeowners, and minimize taxpayer losses.

Where is this made legal? This is where you justify the illegal third amendment net worth sweep using what law? This is their definition of preserving and conserving is to minimize taxpayer losses? That is not the definition of preserving and conserving, not when the taxpayer doesn't have any losses anymore, so why is the FHFA pursuing a strategy to minimize taxpayer losses when the taxpayer has been paid in excess of what was borrowed? Where is that made legal in HERA or in any public domain? This is a fifth amendment takings.

As detailed earlier, FHFA’s authority as both regulator and conservator of the Enterprises is based upon statutory mandates enacted by Congress.

FHFA will also continue to monitor any legal developments that might impact FHFA’s role as conservator of the Enterprises.