Fannie Mae-No Politics (FNMA)

[kthomp19]

The GSEs were used as part of the bailout of the housing market.

I sure hope you're not referring to the "forced toxic mortgage purchases" myth, because it was debunked a while back.

Just go back and look at the GSEs assets the year prior to the collapse and the year after....Their assets literally Tripled on their balance sheets.

The massive increase in assets on the balance sheet was due to a change in 2010 when FnF started including MBS on the balance sheets.

Fannie had balance sheet assets of $869.141B at the end of 2009 and $3,221.972B at the end of 2010.

Similarly, Freddie's balance sheet assets went from $841.784B at the end of 2009 to $2,261.780B at the end of 2010.

Just go back and look at the GSEs assets the year prior to the collapse and the year after....Their assets literally Tripled on their balance sheets.

This is correct, but your theory as to the reason for the increase is incorrect.