Replies to post #765377 on Fannie Mae-No Politics (FNMA)

[Rodney5]

Guido, this is my understanding.

PUBLIC LAW 110–289—JULY 30, 2008
HOUSING AND ECONOMIC RECOVERY ACT

HERA is public law not a contract, the Senior Preferred Stock Purchase Agreement is a contract not the law.

FHEFSSA

Federal Housing Enterprises Financial Safety and Soundness Act of 1992 was amended to establish the Federal Housing Finance Agency. HERA amended certain parts of both FHEFSSA and the Charter Act. AMENDED not to do away with. Safety and Soundness still exists just as the Charter Act still exists.

Page 9 Title I
Establishment of the Federal Housing Finance Agency

FHFA is now the Regulator by reason of HERA.

Links:

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

[Wise Man]

HERA didn't replace the FHEFSSA. Guido is here to mislead the retail investor under the orders of his boss, the hedge fund manager Tim Pagliara.
For instance, he insists once again that FnF have to repurchase the Warrant, which was issued for free and it's deemed an illegal collateral according to the law.

2008 HERA amended the 1992 FHEFSSA and the Charter Act.
So, now you have to download the FHEFSSA, a law created just for the soundness of FnF, establishing Capital ratios for the first time, corrective actions, the definitions of financial concepts that the scammers hate (definition of capital distribution, ....), etc., and the Charter Act, to see the laws with the amendments already included.
It takes more time to write your lie in the form of question (typical confusion from the scammers: On bitcoin. Is it a commodity or a security?), than typing "2008 HERA" on a search engine, 15 years later, where you would see that HERA is all a mess, with "the FHEFSSA is amended by striking X for X"; "by inserting..."
As seen with the Restriction on Capital Distributions.