Fannie Mae-No Politics (FNMA)

[jwood9207]

Tim Howard's "opinion" was regarding whether the GSEs might have had to take an accounting charge towards capital, and how much they might have taken, had they not been forced into conservatorship.

His statement that the GSEs would never have been insolvent is based on the numbers. It is not an opinion. It is a statement of fact based on what actually happened.


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Quote:In his brief before the Supreme Court, TH says that evidence shows the GSEs would never have been insolvent (Pp 20-21):



As Tim Howard himself said, this is not fact but informed opinion.