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Re: kthomp19 post# 760170

Tuesday, 07/25/2023 1:52:47 PM

Tuesday, July 25, 2023 1:52:47 PM

Post# of 798537
I am not a Forensic Accountant, nor a CFO. I can easily understand what both the White Paper has stated and Mr Howard's rebuttal. Who is right? I do not know. NOTE: Both have concluded Fannie Mae did not need the Treasury's intervention of a cash infusion.

Adam Spittler CPA, MS
Certified Public Accountant
Master of Accountancy

Mike Ciklin JD, MBA, MRE
Master of Business Administration

G. Stevenson Smith, Ph.D., CPA, CMA
PH.D. highest academic degree you can obtain in accounting.
Certified Public Accountant
Certified management accountant

Timothy Howard was a senior executive at Fannie Mae for 23 years, chief financial officer, and became vice chairman of the board.


White Paper

Link: https://www.housingwire.com/wp-content/uploads/media/files/Editorial/Trey-Files/White-Paper_Treasury-Fannie-Mae-FINAL.pdf

Comments on Spittler, Ciklin and Smith “White Paper”

Link: https://howardonmortgagefinance.com/2015/09/30/comments-on-spittler-ciklin-and-smith-white-paper/