Fannie Mae-No Politics (FNMA)

[bcde]

"Duty to Serve plays an important part in this.

Under the Safety and Soundness Act, Fannie Mae and Freddie Mac are each charged with a duty to 'provide leadership' in facilitating a secondary market in mortgages for families in three specific underserved markets:

(1) Affordable housing preservation,

(2) Manufactured Housing, and

(3) Rural markets"


Is this not using private companies for public use without compensation?

What about FHFA conservator robbing FnF? Does this also comes under duty to serve and whom?