Fannie Mae (FNMA)

[kthomp19]

I have additional insight on authorized share count that I cannot share due to copyright issues, but I believe the totals reported by investorshub are accurate as shown.

But that doesn't address the fact that Freddie has increased its authorization while in conservatorship.

Freddie's 2008 Q2 10-Q shows a maximum authorization of 806M shares. Their 2008 10-K shows a maximum authorization of 4.806B shares (an additional 4B).

Thus the companies can increase the maximum authorization while in conservatorship at FHFA's direction and your concern is unfounded. The charters do not mention a maximum amount.

Just for the record, I don't believe you about confidential info that would contradict both Fannie's and Freddie's 10-K filings. I put that in the same bin as the mythical SEC letter supposedly saying the warrants are illegal.