Fannie Mae-No Politics (FNMA)

[Rodney5]

Donotunderstand, if you read through the last thread to the link to the calculation of the pay down of the SPS provided by Mr Fisher ACTUALLY the calculation is wrong because neither 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).

I will say 10% theft is better than the entire Net Worth.