Friday, January 05, 2024 7:25:27 AM
Where is "maximize profits for taxpayers" written in the Charter Act? Specifically, in this provision entitled Fee Limitation of the United States: and this fee limitation includes the warrants.
The Law actually exists!
Neither the Charter Act nor did HERA authorize the Treasury to charge a commitment fee on a line of credit to be paid by the Enterprise. The United States prohibition on assessment or collection of fee or charge to Fannie Mae, (section 304 Fee Limitation). Only Federal Reserve Banks are authorized to be reimbursed of fees, (section 309).
Another example,
Mr Tim Howard Quote: “I honestly don’t see any issue where a new claim, brought by a plaintiff with standing and the wherewithal to finance the suit, and that is not time-barred by the statute of limitations, has a realistic chance of being successful.” End of Quote WRONG
The above is one example of many that explains the problem that has lasted 15 years. Will the so called experts ever apply the law?
Violations of the Charter Act and the Federal Enterprises Financial Safety and Soundness act of 1992 both as amended by HERA.
Barron Quote: "Statute of limitations would rely on DOJ guidance for recurring claims due to material changes introduced in the letter agreements. For example the new increase of liquidation preference for free introduced within the last 6-years." End of Quote
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172340943
The FHFA / Treasury continue to change the contract, letter agreement dated January 14, 2021, So, the Statute of Limitations are not up. PAGE 6 Liquidation Preference increases dollar for dollar for all the retained earnings of the enterprises.
https://home.treasury.gov/system/files/136/Executed-Letter-Agreement-for-Fannie-Mae.pdf
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