Saturday, October 14, 2023 10:39:02 AM
Mr. Howard Quote: “Treasury is more likely to embrace this reality when it understands that there is a politically acceptable way to do so that allows it to maintain its pledge to get maximum value on behalf of taxpayers for its “investment” in the companies, while also restoring their access to the capital markets.” End of Quote.
These experts should write an article listing the numerous violations the FHFA/Treasury has committed instead of encouraging the theft.
The FHFA forced Fannie Mae and Freddie Mac into a contract with the United States Treasury by Senior Preferred Stock. The Senior Preferred Stock Purchase Agreement is not a law: The SPSPA is an illegal contract. The Charter Act passed by Congress is the law.
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