Fannie Mae-No Politics (FNMA)

[Guido2]

Only two signatures were needed for SPSPA. Only two signatures were needed for any succeeding amendment/letter agreement. Treasury continued using the swindled funds until stopped by enbanc. The 2nd Qtr earnings report was published well after Calabria became Director. Instead of taking care of business, he was spending his time socializing with MBA and other enemies of Fannie and Freddie. He still sent Treasury the Q1 sweep. Why didn't he stop this? Why did he wait for enbanc before acting? Why did he continue fighting the plaintiffs till the end? Why did he hide the stress tests? Why did he hide other documents?

https://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx