![](https://investorshub.advfn.com/uicon/732548.png?cb=1669206596)
Tuesday, July 21, 2020 12:31:22 AM
Three tremendous errors in comprehending texts, brought us here.
1-The Charter's Fee Limitation bars the U.S. Treasury from assessing or collecting a fee or charge on or with regard to the purchase, sale, pledge...of securities by FnF. Exception: low-cost redeemable obligations (SPS)
FNMA's Charter starts with: "PROHIBITION ON ASSESSMENT OR COLLECTION OF FEE OR CHARGE BY THE U.S."
More clear if you don't understand FMCC's Charter that calls it "Fee Limitation".
So, no TCCA fees, commitment fees, 10% dividend, NWS dividend, Warrant, etc.
2-The Restriction On Capital Distributions (like dividends) when undercapitalized (IN GENERAL). Exception: reduce the SPS.
3-The word "may" that prefaces the conservator's Power and Incidental Power, isn't an option on when uphold his powers and do the opposite instead.
The announcement of Guardianship sent shock waves across the country.
More detail on #Fanniegate. Daily in-depth analysis.
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • ELMGF • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM