Fannie Mae-No Politics (FNMA)

[tutt1126]

OFHEO and FHFA have violated so many laws and committed frauds. .....,but all of these problems were already started/created from previous administration.


Starting from early 2008 , Peoples lost jobs. Most of big companies moved to over sea... USA had little revenues, not enough incomes. Government violated the laws and committed frauds as a way to help funded to other parts of government.

When the Government borrows money, it doesn’t go to the bank and apply for a loan.  It "issues debt." This means the Government sells Treasury marketable securities such as Treasury bills, notes, bonds and Treasury inflation-protected securities (TIPS) to other federal government agencies, individuals, businesses, state and local governments, as well as people, businesses and governments from other countries. Savings bonds are sold to individuals, corporations, associations, public and private organizations, fiduciaries, and other entities.