33″> The new 1970 government constitution toward Government Mortgage Home loan Company restricted stockholder ownership of business to your twelve government household financing banking institutions. Later, within the 1989, Congress amended the constitution such that this company you will definitely boost investment by way of low-voting preferred stock and you will voting well-known inventory. Crisis Household Funds Operate out-of 1970, P.L. 91351 301310, July 24, 1970, (accessed ), and you may Financial institutions Change, Healing, and you will Administration Act out-of 1989, P.L. 10173 731(d), August 9, 1989, (utilized ).
35″> New U.S. Treasury holds $72.4 mil property value older-popular offers and $14.step 1 million in preferred offers from stock within the Freddie Mac, while the business needs in stock purchase agreement in order to disburse returns to your senior-prominent shares kept from the U.S. Treasury. Freddie Mac, Form ten-Q: Quarterly report Pursuant so you can Part 13 or fifteen(d) of the Bonds Change Operate of 1934, pp.