Reading Room Document

Issuance of a Preferred Stock Dividend by the Federal Home Loan Mortgage Corporation

The Federal Home Loan Mortgage Corporation is authorized, under 12 U S.C. § 1455(f), to issue a dividend of preferred stock to its shareholders, the Federal Home Loan Banks. The Federal Home Loan Banks are further authorized to distribute that stock as a dividend to their shareholders. The OLC does not provide release dates for its opinions, so the release date listed is the date on which the opinion was authored. The original opinion is available at www.justice.gov/file/23706/download.

January 25, 1985