11.   The company uses its government charter to borrow funds below market rates, which it then reinvests in home mortgages or guarantees for home mortgages.

12.   The group could take control of the company as it casts off its government charter if a majority of shareholders approve the plan, the dissidents said.

13.   The letter comes as the company, which buys one in three U.S. student loans, seeks to cast off its government charter and become a fully private corporation.

14.   The Student Loan Marketing Association plan to cast off its government charter was endorsed by Institutional Shareholders Services Inc.

15.   Then, in September, it won the right from Congress to end its government charter, with shareholder approval, allowing it to enter new businesses.

16.   This is supposed to tell you whether a bank has a legitimate government charter to conduct business and is insured by the FDIC.

17.   Using its government charter, the company sells debt at below market rates to purchase of home mortgages.