Fannie Mae-No Politics (FNMA)

[tuzedaze]

Of course they are giving FNMA and FMCC a run!!! They are trying to recoup that $5.1 Billion dollar fine for SELLING BAD MORTGAGES/PAPER that contributed to the 2008 Financial Crisis!!

http://www.wsj.com/articles/SB10001424052702303615304579157931846055864

"The deal unveiled Friday by the Federal Housing Finance Agency included $4 billion to settle claims that J.P. Morgan had misled Fannie and Freddie about the quality of nearly 129 securities for which they paid about $33 billion. The nation's largest bank by assets didn't admit any wrongdoing in agreeing to the settlement"

Banks get to pay fines and not admit any wrongdoing and still no one has gone to jail.... F - JPM!!!