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Re: IL Padrino post# 554115

Saturday, 09/07/2019 3:01:00 AM

Saturday, September 07, 2019 3:01:00 AM

Post# of 798657
Got you. I think you would be happy to increase your number.

Here is what I calculated. Per this exactly one year ago news,

https://www.cnbc.com/2018/09/05/fannie-mae-freddie-mac-are-uncle-sams-cash-cows-a-decade-after-crash.html

"So far, Fannie Mae has paid $167.3 billion and Freddie Mac has paid $112.4 billion. Add it up, and the two drew $191.4 billion but paid $279.7 billion, a net profit of $88.3 billion — and they continue to pay."

I believer the overpayment is close to $100B after another one year. Ouch. LOL