Fannie Mae (FNMA)

[Robert from yahoo bd]

When I was in Lamberth's trial, listening to DeMarco (NO QUESTION he was prepped by the team at Arnold and Porter, but that happens in every case) I realized that given Arnold and Porter's success after 7 years of pretrial motions to EXCLUDE THE JUICY FACTS FROM THE PUBLIC through EXECUTIVE PRIVILEGE AND NATIONAL SECURITY that DeMarco would have been unable to testify as to the nature and content about his conversations with high ranking Gubmint officials at Treasury and the White House.

Lamberth even quipped about the dearth of evidence available one time to the Arnold and Porter attorneys during one of their over 10 million objections.

But I don't know if DeMarco perjured himself or not.

I do believe that DeMarco (just like Watt) really put a lot of time and effort (and Fannie Mae and Freddie Mac paid for it all) studying what was publically know at the time as the "Mortgage Loan Forgiveness" program which would have been a yuge win for the Obama administrations folks. DeMarco rejected it. Then boom, the NWS on August 17, 2012.

So why did DeMarco really sign the 3rd Amendment to the SPSPA?

He says "Because I was concerned that the SPSA funding commitment was expiring at the end of 2012 and the US Congress was going to fix the secondary mortgage markets in the US with new legislation".

But that seems dubious to me and in the end 1/2 of the Jury didn't buy it.