Can we at least read the Fannie Mae Charter, isn't it public information? Have any idea where this is?
Fannie Mae was originally created in 1938, I believe as a Government Entity and then in 1968, I believe as a private Shareholder owned corporation that as I recall originally had S&L's required to purchase shares.
Freddie Mac came later in 1972, I believe to be a Competitor.
Why were Fannie Mae JPS included if they are equity holders and not Common?