Fannie Mae-No Politics (FNMA): If you read through the actual charter,...

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Louie_Louie

Re: None

Thursday, 06/01/2023 9:52:52 PM

Thursday, June 01, 2023 9:52:52 PM

If you read through the actual charter, FHFA the treasury and the government have blown many parts of it to hell. Quite possibly why treasury and FHFA keep pointing to Congress to fix the charters, but I would guess that will never happen. Much smarter and non-partisan law makers long ago made that charter. We have far too many idiots now, proof is in the FHFA HERA law and the many inept FHFA heads that have been appointed.
The charter never foresaw a rogue government situation, or the level of dysfunction we currently have in all three branches.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.fhfa.gov/SupervisionRegulation/FannieMaeandFreddieMac/Documents/Fannie_Mae_charter_Act_N508.pdf&ved=2ahUKEwiohMjVuKP_AhUFuYkEHdNRCCYQFnoECAgQAQ&usg=AOvVaw0svFX1HAXkSGi_-VyfDjYW

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