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Wise Man

04/24/20 8:13 AM

#606157 RE: YanksGhost #606151

FnF's operations aren't regulated by contracts, but by their Charter.
The SPSPA didn't come to offset the suspension of the Capital Classifications but to specify the wording of HERA's Temporary Authority Of Treasury To Purchase Obligations And Securities incorporated into their Charters, which is the so called Charter's Treasury backstop, because Congress forgot to establish the dividend yield on the obligations SPS and the amount of the funding commitment.
The Capital Classifications can't be suspended by the FHFA because it's statutory. Only Congress can suspend it.
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JosephS

04/24/20 8:22 AM

#606158 RE: YanksGhost #606151

Yup. Saying that makes you PE #1.

not a recco
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mrfence

04/24/20 1:18 PM

#606241 RE: YanksGhost #606151

Sorry, can't yank my crank and certainly not the Judges :-D