News Focus
News Focus
Followers 20
Posts 2247
Boards Moderated 0
Alias Born 08/10/2022

Re: Robert from yahoo bd post# 780992

Friday, 01/05/2024 10:52:32 AM

Friday, January 05, 2024 10:52:32 AM

Post# of 869647
Robert, I appreciate your contributions to our cause. Question, "EXACTLY, under HERA, the FHFA can set ANY Extraction Amount from the GSES so long as it's 'reasonable'."

Where is it recorded in HERA the FHFA can extract any amount of money?

No law, not HERA or the Charter Act or any other appropriations bill authorized the Treasury to provide a $200 billion taxpayer debt commitment fund for FNMA to draw from, it is all illegal. The FHFA / Treasury SPSPA is an illegal contract, Therefore Fannie Mae is not obligated to fund any amount of money to the FHFA.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FNMA News