Replies to post #794812 on Fannie Mae-No Politics (FNMA)

[Wise Man]

BOOM.

Considerations in connection with exercising the authority of UST to purchase securities of FnF:
(v) The need to maintain the corporation’s status as a private shareholder-owned company.

This refers to the action itself, not to break this provision with a conversion of SPS to common stock and exercising the Warrant, and later, the corresponding common stocks are sold on the market.
This is why the Warrant authorized to (iii) protect the taxpayer (collateral) can't be exercised, and the SPS authorized to (i) and (ii), are the first thing to pay down.

Which is what has happened under the Separate Account plan that upholds the law and basic Finance.

The excerpt taken from HERA is an amendment added to the Charter Act, and it has nothing to do with the Conservatorship itself, because it already preserves their status as private shareholder-owned enterprises.
Or using other names doesn't change this fact, like government-sponsored private corporation in the 1968 Privatization of Fannie Mae Act. And "GSE" in the FHEFSSA.

Then you should have no problem quoting that relevant portion of HERA.