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trunkmonk

08/31/23 4:24 PM

#766123 RE: Robert from yahoo bd #766120

They would redact taxpaying citizens if they could.

Guido2

08/31/23 4:34 PM

#766124 RE: Robert from yahoo bd #766120

Click on attached link. Go to the bottom of the page and click on link for PDF file.

https://www.fanniemae.com/about-us/corporate-governance/fannie-mae-charter

Rodney and Baron are perfectly right.

kthomp19

09/01/23 11:47 AM

#766252 RE: Robert from yahoo bd #766120

Fannie Mae charter
Freddie Mac charter

I don't have enough direct familiarity with these to know where the major differences lie. It's quite possible that the differences aren't in the charters themselves but in the state laws of Delaware and Virginia.

Why were Fannie Mae JPS included if they are equity holders and not Common?



Good question. This makes me think there might be some difference between Delaware and Virginia in how common shareholders are treated. It might be specific to the implied covenant of good faith and fair dealing too, because if I remember correctly the class wasn't officially defined until Lamberth had dismissed all the other claims (breach of contract, breach of fiduciary duty, etc.).