First Chicago Trust Company of New York is pleased to announce the DirectSERVICE Investment Program ("Program") for current shareholders and new, first-time investors in shares of Fannie Mae common stock ("shares"). First Chicago Trust of New York has been appointed to originate and administer this Program with EquiServe Limited Partnership to act as service agent (collectively "EquiServe"). Securities held in custody by EquiServe are not subject to protection under the Securities Investor Protection Act. This Program is not offered or sponsored by Fannie Mae. • New investors can affordably buy their first shares directly through the Program with a minimum initial investment of $250, or $100 for "Young Shareowner" Children's Accounts. • You can affordably build your investment over time by making additional purchases periodically, either by automatic deduction from your bank account, or by mailing in a check. • Your purchase and sale orders are processed promptly. • You can buy shares in whole dollar amounts rather than a specified quantity of shares. • Shares purchased for your account are held in secure electronic safekeeping by EquiServe. • You may reinvest all or part of your dividends, at no cost, to purchase additional shares. • You can sell your shares by simply picking up the telephone and instructing EquiServe. • You can deposit any Fannie Mae common stock certificates you hold in your account for safekeeping. Investors and current Fannie Mae shareholders may choose to use the services provided in the DirectSERVICE Program if they make their own investment decisions and have a particular interest in Fannie Mae common stock. The Program provides you with an alternative to traditional methods of buying, holding, and selling Fannie Mae shares, and is governed by the terms and conditions contained in this Shareholder Information Brochure. You can purchase and sell shares directly through the Program at a cost generally lower than what traditional brokerage firms charge. You may also buy or sell your shares through a broker if you wish, subject to commissions and fees you negotiate with your broker.
The Magician, Pres Barack Obama, has a pending "trick" up his sleeve....the release of Fannie and Freddie back to the shareholders.
All signs are pointing to it without being outright forthcoming. It's going to be one of his "farewell" gifts to the Congressmen that want to do away with FnF.