Profiles of Existing Government Corporations - US Government ...

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103
CORPORATION PROFILE
covHunawT ILlAn LIKIT: Secretary of the Treasury is authorized
to purchase, am a public debt transaction obligation of F?WA up
to a maximum of 52.25 billion outstanding at any one time.
GOEDNHENT SORROWING: None
REPAywBlTTO m: None
TOTAL EQUITY: $1,611,000,000
Go- EQUITY: None
APPROPRIATIONS To RQUITY: None
OTnxR EQUITY: $1,611,000,000f
- EQDITY LIMIT: Nono specified in enabling lmgimlation.
TOTAL INT5us T KXPENSII: 58,953,000,000
IRTERPSTPAIDGG~: Nom
IRTRREST PAID OTEERS: 58,953,000,000
IRTRRRST RPCRIVRD: 59,643,000,000
MTXS:
a. PR?tA converted to a mixed-ownormhip government corporation in
1954 (Public Lav 63-560). On SaptMbor 1, 1968 PRXA v&m
partitioned into tvo corporations (GR?IA and PS?IA). The
corporation r&intaining the n&88 FNKh bmcara a
government-sponsored private corporation. PRMA 8&intainm that
legal status. FNMA 18 not & govornmmt-ovnmd or controlled
corporation.
b. Regulationm immumd by the Secretary of RVD in August 1978,
rmguirm FNM to l ubrit to HUD the:
--annual buminomm activities report,
--•pmcial plan for each calendar quarter, including
l mtiMte8 of mortgage commitrents to be immumd by PNIY,,
purchmmmm and l m1em of mortgagmm, and mounts to be
borrovmd through immumncm of dmbt mocuritiom other than
discount notes, and
--nine rmgular reports submitted biweekly, monthly, or
quarterly.
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