Fannie Mae-No Politics (FNMA)

[HappyAlways]

Don’t agree. Our attorney didn’t explain things in layman’s term. For example, they told the jury that NWS is “unprecedented”. They should tell the jurors that it is kind of a robbery. FHFA is a conservator, who is supposed to preserve and conserve the client assets, to ensure the client can re-established into a healthy organisation and exit the conservatorship. Instead, FHFA organised with UST to have all the client’s now and future net worth pay to UST as interest. This is to make sure that Fannie and Freddie can never exit their conservatorship. And, FHFA didn’t even bother to do some analysis before making such a critical decision.

They are legal experts and sometimes forget their jurors are too layman to understand their legal jargon.