Examples of Preferred Stock Purchase Agreement in a sentence
The amount of mortgage assets that we may own in our mortgage-related investments portfolio is currently capped under our Senior Preferred Stock Purchase Agreement ("Purchase Agreement") with the U.S. Department of the Treasury at $250 billion, and in February 2019, FHFA directed us to maintain this portfolio at or below $225 billion.
This category includes claims on, or portions of claims guaranteed by, the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Corporation (Fannie Mae), so long as the U.S. Department of Treasury’s Senior Preferred Stock Purchase Agreement, dated as of September 7, 2008, remains in effect with Freddie Mac and Fannie Mae, respectively.
The amount of mortgage assets that we may own in our mortgage-related investments portfolio is capped under our Senior Preferred Stock Purchase Agreement with the U.S. Department of the Treasury at $250 billion, and in February 2019, FHFA directed us to maintain this portfolio at or below $225 billion.
Purchaser and Seller have heretofore entered into the Amended and Restated Senior Preferred Stock Purchase Agreement dated as of September 26, 2008 (the “Amended and Restated Agreement”).
The amount of mortgage assets that we may own in our mortgage-related investments portfolio is currently capped under our Senior Preferred Stock Purchase Agreement ("Purchase Agreement") with the U.S. Department of the Treasury at$250 billion, and in February 2019, FHFA directed us to maintain this portfolio at or below $225 billion.