Replies to post #777294 on Fannie Mae-No Politics (FNMA)

[Wise Man]

"Capital Reserve End Date" in the January(not Sept)2021 amendment.

[Rodney5]

Your super secret separate account plan by design was to confiscate all the money from the companies by theft. And it’s no secret.

Fannie Mae and Freddie Mac's regulatory guidelines would have prohibited the companies from paying dividends to the Treasury while severely under-capitalized, but the FHFA suspended those guidelines because the regulator wanted the companies to have to draw more senior preferred stock from the Treasury to pay the annual dividends in cash, ballooning their outstanding senior preferred stock and increase their required annual dividends. FHFA and its Director are executive branch entities and can not make changes to federal laws. Only Congress can change the law. Neither the Charter Act nor did HERA authorize the Treasury to charge a commitment fee. It’s all illegal and unconstitutional.