Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Treasury in violation of the Charter Act, and the Contract is illegal based on the United States is not permitted to charge a commitment fee to be paid by the enterprises?

Wrap your head around this!

https://www.fanniemae.com/sites/g/files/koqyhd191/files/migrated-files/resources/file/aboutus/pdf/fm-amended-charter.pdf

SEC. 304

(f) PROHIBITION ON ASSESSMENT OR COLLECTION OF FEE OR
CHARGE BY UNITED STATES.—Except for fees paid pursuant to section
309(g) of this Act and assessments pursuant to section 1316 of the Federal
Housing Enterprises Financial Safety and Soundness Act of 1992, no fee or
charge may be assessed or collected by the United States (including any
executive department, agency, or independent establishment of the United
States) on or with regard to the purchase, acquisition, sale, pledge, issuance,
guarantee, or redemption of any mortgage, asset, obligation, trust certificate of
beneficial interest, or other security by the corporation. No provision of this
subsection shall affect the purchase of any obligation by the Secretary of the
Treasury pursuant to subsection (c) of this section.

(c) PURCHASE OF OBLIGATIONS BY TREASURY; CONDITIONS AND
RESTRICTIONS.—The Secretary of the Treasury is authorized in the
Secretary’s discretion to purchase any obligations issued pursuant to subsection
(b) of this section, as now or hereafter in force, and for such purpose the
Secretary of the Treasury is authorized to use as a public debt transaction the
proceeds of the sale of any securities hereafter issued under chapter 31 of title
31, United States Code, and the purposes for which securities may be issued
under chapter 31 of title 31, United States Code, are extended to include such
purchases.

(b) OBLIGATIONS OF THE CORPORATION.—For the purposes of this
section, the corporation is authorized to issue, upon the approval of the
Secretary of the Treasury, and have outstanding at any one time obligations
having such maturities and bearing such rate or rates of interest as may be
determined by the corporation with the approval of the Secretary of the
Treasury, to be redeemable at the option of the corporation before maturity in
such manner as may be stipulated in such obligations