Fannie Mae-No Politics (FNMA)

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Here's where settlement $ went.

President B.O. directed that money from settlements reached between TBTF and the FHFA (and CFPB) be given/sent/forwarded to a series of leftist political groups, some of which were on the very extreme/radical end of the spectrum, forming a sort of slush fund for political organizations on the extreme left, and siphoning the money away from where it rightfully should've gone. One might agree with those radical political groups' missions or not. But it's quite dishonest to direct that money to them. And this is all very well documented, yet hardly ever reported. However, Obama did the same exact thing back when he ran the Annenberg Challenge in Chicago before he was famous; in the 1990s he funneled money that was donated to go towards "education" into local radical/socialist/communist political action groups. But no one in the media reported on his past at all, and so he was elected president.
And similarly, money from the ACA (Obamacare) legislation was also funneled to radical leftist organizations, even ones that had nothing to do with the health issue. Between the FHFA and CFPB settlements, the amount is in the tens of billions of dollars. And That's before we account for the ACA money sent to the same types of political action groups.

About the organizations that received the settlement money,
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"But their activities are more political than charitable. IBD obtained a list of groups eligible for the bank payola, as approved by CFPB Director Richard Cordray and Labor Secretary Thomas Perez. It includes:

• The Legal Aid Society of the District of Columbia, whose directors include senior Democratic National Committee officials; the self-described "policy advocacy" group has lobbied Congress for more welfare spending at least 108 times since Obama took office.

• The Mississippi Center for Justice, whose stated mission is "advancing racial and economic justice" and "attacking predatory lending practices."

• People's Community Action Corp. of St. Louis, which has seated Obama appointees and Democrat lawmakers on its board.

The CFPB says the money will aid these and other left-wing groups in helping 45 million otherwise uncreditworthy, low-income people living in America obtain loans to buy cars and homes.

It complains that these mostly minority and immigrant consumers are "economically vulnerable" and "have limited access to mainstream financial services."

So in effect the government is forcing banks to fork over payola to radical nonprofit groups that exist to shake down banks for high-risk urban home loans — the kind of mortgages that defaulted in droves during the housing crisis. The money also restocks their war chest to lobby Congress for expansion of the disastrous Community Reinvestment Act.

Justice created a similar slush fund from discrimination lawsuits against banks to provide backdoor funding to nonprofit housing groups tied to Democrats, steering huge sums to affordable-housing activist groups approved by HUD, including:

• La Raza, which pressures banks to qualify more low-income Latino immigrants for home loans.

• National Community Reinvestment Coalition, Washington's most aggressive lobbyist for the CRA.

• Neighborhood Assistance Corp. of America, whose director calls himself a "bank terrorist."

• Operation Hope, a South Central Los Angeles group pressuring banks to make "dignity mortgages."

• Mutual Housing Association of New York, or MHANY, a spinoff of an Acorn housing unit.

Now the Consumer Financial Protection Bureau is launching its own scheme to cut Democrat activist groups in on its own multimillion-dollar settlements.

Obama's Department of Housing and Urban Development is also getting in on the act.

In a $200 million settlement with Associated Bank, which the agency accused of lending discrimination, HUD is forcing the Wisconsin bank to funnel tens of millions in "donations" to "community groups."

This is extortion of private business by government. Congress' new leadership must call on the agency's inspector general and the Government Accountability Office to audit these pernicious payola schemes."

https://www.investors.com/politics/editorials/cfpb-diverts-civil-penalty-funds-to-democrat-activist-groups/
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https://www.google.com/amp/amp.dailycaller.com/2017/10/24/emails-confirm-obama-doj-funneled-big-bank-settlement-money-to-liberal-groups/

www.foxnews.com/politics/2017/10/25/smoking-gun-email-reveals-obama-doj-blocked-conservative-groups-from-settlement-funds-gop-lawmaker-says.amp.html

https://nypost.com/2017/09/23/how-obama-is-funding-the-anti-trump-resistance/amp/

https://www.zerohedge.com/news/2017-12-06/cfpb-reportedly-funneled-billions-secret-democrat-slush-fund-consultant-claims

https://www.google.com/amp/s/nypost.com/2017/11/29/it-turns-out-democrats-love-dark-money/amp/

https://www.cato.org/publications/commentary/wreck-annenberg

https://www.aim.org/special-report/grand-theft-obama-the-biggest-heist-in-u-s-history/