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Re: Wise Man post# 590823

Friday, 02/07/2020 12:56:40 PM

Friday, February 07, 2020 12:56:40 PM

Post# of 796377
Does the fact that FNMA is exempt from the registration requirements of the Securities Act of 1933 have any bearing? Didnt Fannie and Freddie comply with the Securities Act voluntarily?

I think this became an issue with FMCC when they were raising equity prior to the Conservatorship because they had not filed 10-Ks or S-1s before 2008.

Here is a summary of the issue. Perhaps it has no bearing but FNMA and FMCC may be exempt issuers.

https://www.everycrsreport.com/files/20030711_RS21263_70674d4701c0a5a940bd3963010f5bbe1960aab4.pdf