Fannie Mae-No Politics (FNMA)

[bcde]

"Fannie and Freddie to make record high contributions to housing trust funds"

Any one can see hypocrisy of politicians and FHFA. Many politicians and FHFA have been in the forefront to destroy FnF for the benefit of WS cronies.

But both are ok for privately funded FnF to contribute billions of dollars of private shareholder's money to affordable housing.

One should also remember that while FnF are contributing billions of dollars of private shareholder's money to affordable housing, FHFA is allowing Gov to charge FnF usury 10% interest on its investment. It is outrageous that FnF have been paying 10% interest to Gov on the contribution they are making to affordable housing.

Besides when FHFA wanted to bailout the bankrupt WS establishment, it forced consevatorship on FnF and tried to bankrupt them. We need a Gov agency that works for people and not for ws cronies.