Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Just got out of Lamberth trial, Plaintiff Shareholders still building case. Besides me, Katie, and FandF, and ALL DA LAWYERS, THE JUDGE AND JURY (God Bless'em for staying awake!) were the only ones left!

I'm sure I was the only dweeb nerdy enough to actually be enjoying myself, during video taped testimony of FHFA head of modeling, WHO ADMITTED THAT SHE WAS NEVER INSTRUCTED BY NEITHER ED NOR MARIO TO DO ANY TYPE OF NWS ANALYSIS.

IT SEEMS CLEAR THAT DEMARCO WHO HATED THE GSE MODEL AND CALLED IT BROKEN AND IN NEED OF REPAIR AND DETERMINED TO SHRINK THEIR FOOTPRINTS DID THE NWS TO FORCE CONGRESS TO ADDRESS THE US SECONDARY MORTGAGE MARKET.

DEMARCO KEEPS USING THE EXCUSE THAT SOMEHOW THE NWS CONSERVED AND PRESERVED THE GSES.