Fannie Mae-No Politics (FNMA)

[Rodney5]

The FHFA had no right to take over the companies under the Law of HERA.

When Paulson met with the directors of Fannie Mae and Freddie Mac to inform them of his intent to take over their companies, neither entity met any of the twelve conditions for conservatorship spelled out in the newly passed HERA legislation. Paulson since has admitted he took the companies over by threat. This fact has been stated in the Washington Federal Lawsuit filed against the government.

Page 30-31 Twelve Conditions
Link: https://docs.google.com/file/d/0BxUYhg0cYUOTbkZYVVJkaGtoS1E/edit?resourcekey=0-gU6I5hW3ndG5E3uY2VEyGA

The lawyers are focused on the third amendment net worth sweep; IT IS NOT WORKING! The Senior Preferred Stock Purchase Agreement is not a law: The SPSPA is an illegal contract.

THE CHARTER ACT IS THE LAW