Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

New Capital Raise IPO MATERIAL RISKS DISCLOSURE:

57. UNDER HERA THE FHFA CAN ACT AS A CONSERVATOR THAT TAKES ALL THE ECONOMIC RIGHTS TO YOUR SHARES IN RETURN FOR NOTHING.

58. UNDER THE INCIDENTAL POWERS OF HERA WE HAVE FROM 08/17/12 TO 2019, TAKEN ALL THE NET WORTH OF THE GSES AND TRANSFERRED THEM TO THE US TREASURY.

59. IF WE DON'T TAKE ALL THE GSES PROFITS IN CASH WE CAN INSTEAD TAKE THEM AS SOMETHING CALLED A LIQUIDATION PREFERENCE.