Fannie Mae-No Politics (FNMA)

[chessmaster315]

Correct. We were lied to by the government. Here is just "one" example
(Source: Wikipedia Hank Paulsen)

[t]On August 10, 2008, Secretary Paulson told NBC's Meet the Press that he had no plans to inject any capital into Fannie Mae or Freddie Mac.[32] On September 7, 2008, both Fannie Mae and Freddie Mac went into conservatorship.[33][/t]

Source link:
https://en.wikipedia.org/wiki/Henry_Paulson