Fannie Mae-No Politics (FNMA)

[Donotunderstand]

yes to

To me, "safe and sound" conservatorship could surely and legally include building a firewall of security where any error in judgement to reserve "too much" would clearly be preferable to "too little" amidst so much global uncertainty.


yes that is for sure kosher

but

if it is a firewall > SOP then IMO the role of an auditor is to point that out --- even if it is to note that there is an over reserve firewall for reason A B C .... they are to put their name to the condition of the company - and for a "lender" that must include the status of reserves for losses - to include comments like the company has 2-3 times the amount needed in normal times as a conservative firewall given recent events (wording offered to them for free - ok?)

all IMO