Fannie Mae (FNMA)

[kthomp19]

Distinctly remember Paulson/Bush Admin announcement ordering GSE's to buy up all under-performing mortgage bonds in order to restore calmness to the housing markets. Was like Sept/Oct 2008 timeframe. VW short squeeze was happening about the same time.

Your memory does not constitute proof.

What appears to be the case is that you remembered this Bloomberg article. The problem is that the article had no evidence to support its claim, and Tim Howard was unable to find any evidence of the claim in FnF's own released documents.

Just because TH claims no record of it in the books doesn't mean it didn't happen. Many ways to skin a cat without it appearing in the books.

No, that just plain isn't true. Any Treasury-ordered purchase of mortgages would have to be in the books.

Face it: the forced toxic mortgage purchase narrative is a myth. It never happened. No amount of memories or feelings will change that.