Replies to post #753083 on Fannie Mae-No Politics (FNMA)

[Rodney5]

stockanalyze, you asked what do we do with this information?

Barron has proposed to file a lawsuit against the Treasury in violation of the Charter Act, the conservatorship illegal. He asked us to help him.

Starting Point

Barron asked, Anyone?

“This leads to the question, who authorized the appropriation of taxpayer debt to provide the 200 billion commitment? Certainly not Congress. Please someone show where Treasury was authorized by a law to make a 200 billion commitment available in exchange for One Million Shares (1,000,000) with an initial liquidation preference of $1,000 per share. Shares of senior equity in FNMA? It's all illegal and unconstitutional.”

Page 5

Link: https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-SPSPA_09-07-2008.pdf

The Senior Preferred Stock Purchase Agreement is not a law. The SPSPA is an illegal contract, The Charter Act is the Law.



FEDERAL NATIONAL MORTGAGE ASSOCIATION CHARTER ACT
As amended through July 25, 2019

link: https://www.fanniemae.com/sites/g/files/koqyhd191/files/migrated-files/resources/file/aboutus/pdf/fm-amended-charter.pdf

HOUSING AND ECONOMIC RECOVERY ACT OF 2008

Link: https://www.congress.gov/110/plaws/publ289/PLAW-110publ289.pdf

SENIOR PREFERRED STOCK PURCHASE AGREEMENT
Dated September 7, 2008.

link: https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-SPSPA_09-07-2008.pdf

ALL THE AGREEMENTS

link: https://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx

Barron Quote: “The statute of limitations will expire in 2025, 6 years from the 2019 letter agreement.”

Letter agreement link: https://home.treasury.gov/news/press-releases/sm786