Fannie Mae-No Politics (FNMA)

[Wise Man]

***FANNIE MAE AND_FREDDIE MAC ARE THE INFRASTRUCTURE PLAN*** CONGRESSIONAL FINDING. The Federal Agency FHFA has overstated the Capital requirements that are effective since February 16th, 2021. The Capital rule was published in the Federal Register on December 2020. The Government-sponsored private corporations have a backstop from the UST in their Charters that renders such enormous Capital requirements pointless. This is why the United States Congress urges the Acting Director of the Agency to revisit the Capital rule with a more technical approach and with the excess Capital it is ordered that the corporations will spin off a new joint private company that will operate as Government-sponsored private corporation as well. The existing shareholders will receive shares in this new company. For purposes of this section, the holders of Junior Preferred Stocks are not shareholders. They have a contract and thus, only a legal claim on the par value stated in the contract or prospectus.
The new corporation will be leveraged with an 8% Capital ratio, with the purpose to invest in infrastructure projects that will have a stream of revenues.