Fannie Mae-No Politics (FNMA)

[chxal]

the settlements should have been kept at Fannie and Freddie, period end of story. Since when are settlements considered "other income"? In the private sector, settlements are non-taxable and are not considered income either, why are these "private" companies treated differently.

If the companies actually had a Board of Directors answerable to the shareholders, this money would have STAYED at the companies..... it was the "govt grab" which they have done since day 1....

Again, more than worthy of a story, expose, in-depth article, etc. etc.