Fannie Mae (FNMA)

[kthomp19]

Please, not this crap again.

Tim Howard debunked this narrative several years ago. Tim Howard dug into FnF's own financial documents and found zero evidence; in his words:

This report of “$40 billion per month in toxic mortgage purchases ordered by Treasury” has been given wide circulation, but it’s mythical.

...

There is absolutely no evidence that Fannie Mae purchased toxic loans post-conservatorship, yet continued references to this myth, including by SCS, perpetuate it, which is not helpful.

If you have actual evidence, provide it. That Bloomberg article doesn't count. Otherwise please stop perpetuating this myth. Falsehoods don't do any of us any good here.