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• Entered into at the time the conservatorships were created, the PSPAs authorize the Enterprises to request and obtain funds from Treasury, which in turn owns preferred stock in each Enterprise. Under the PSPAs, the Enterprises agreed to consult Treasury concerning a variety of significant business activities, capital stock issuance and dividend payments, ending the conservatorships, transferring assets, and awarding executive compensation.

  Federal Housing Finance Agency, Office of Inspector General - Cite This Source - This Definition
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  Cite Definition for Senior Preferred Stock Purchase Agreement (PSPA)

  American Psychological Association (APA)

  Senior Preferred Stock Purchase Agreement (PSPA). (n.d.). Federal Housing Finance Agency Glossary of Terms. Retrieved June 8, 2023, from website: http://www.expertglossary.com/definition/senior-preferred-stock-purchase-agreement-pspa.

  Chicago Manual of Style (CMS)

  Senior Preferred Stock Purchase Agreement (PSPA). fhfaoig.gov. Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. http://www.expertglossary.com/definition/senior-preferred-stock-purchase-agreement-pspa (accessed: June 8, 2023).

  Modern Language Association (MLA)

  "Senior Preferred Stock Purchase Agreement (PSPA)." Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. 8 June. 2023 http://www.expertglossary.com/definition/senior-preferred-stock-purchase-agreement-pspa.

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