Fannie Mae-No Politics (FNMA)

[capitalismforever]

FOIA costs would be considered an operational expense. NWS is AFTER expenses, which is why even though it seems like all profits are being swept, cash keeps growing. If all income was actually being swept, that would not be the case. I'm arguing over the silliness of the argument.

HUD spends $3 million per year in FOIA requests. If you think the GSE's have more data than HUD in which a FOIA could be requested for, then you're on your own.