Fannie Mae (FNMA)

[Robert from yahoo bd]

Todays WSJ: "As with its $400 billion loan write-off, the Administration is spending money that Congress didn't appropriate. Once again, it is using regulation to enact a progressive policy it can't get Congress to pass."

The FHFA according to the Collins and the COFC decision, "isn't your normal conservator", that is the "CONservator" can expropriate corporate assets at will if it's related to "the best interests of the the FHFA or the public it serves".

Why did the FHFA and UST extract $100B+ in CASH from the GSES balance sheets and transfer it to the coffers of the UST in 2013?

Was it to fund Obamacare since the Obama administration couldn't get the needed funding from the US Congress?

That's PROTECTED information that will likely not see the light of day due to "National Security and Executive Privilege" that prevents its disclosure to any public forum.