Fannie Mae-No Politics (FNMA)

[bcde]

Tim Howard has great financial expertise and analytical capabilities.

However FnF conservatorship scam needs abilities to think think out of the box and also expertise in financial forensic analysis.

When previous administration hid more than 11K of documents, it is not because previous administration was proud of what it did with FHFA conservatorship or of robbing FnF with SPSPA/NWS.

Any Administration needs congressional approval even to spend or borrow a single penny. It is well fact that congress did not approve spending on OCA subsidy and even went to courts to prevent unlawful spending on OCA subsidy.

Even when money is fungible, financial accounts are not fungible. That is why there many different accounts to keep track of income and expenses. If congress did not approve spending for OCA subsidy, then where did the money come from? To prove the point consider that Congress did not approve robbing FnF and also did not approve spending for OCA subsidy.

Any financial forensic analyst will be able to easily trace the source for OCA subsidy. BTW Mnuchin implicitly confirmed this and did not deny it in any way.