Friday, January 05, 2024 10:52:32 AM
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.
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.
Recent FNMA News
- Fannie Mae Announces Sale of Reperforming Loans • PR Newswire (US) • 05/28/2026 02:00:00 PM
- Fannie Mae Releases April 2026 Monthly Summary • PR Newswire (US) • 05/27/2026 08:05:00 PM
- Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026 • PR Newswire (US) • 04/29/2026 11:24:00 AM
- Fannie Mae Releases March 2026 Monthly Summary • PR Newswire (US) • 04/28/2026 12:30:00 PM
- Fannie Mae Plans to Report First Quarter 2026 Financial Results on April 29, 2026 • PR Newswire (US) • 04/27/2026 12:00:00 PM
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
