Fannie Mae-No Politics (FNMA)

[Rodney5]

jeddiemack, what you said reminded me what I read several years ago.

Adam Spittler CPA, MS
Mike Ciklin JD, MBA, MRE

Quote: “In summary, the entire Conservatorship, the notion of GSE instability, and a failed model appears to have been fabricated by the U.S. Treasury. HERA was passed by a congress during a moment of weakness and panic without any or all the congressmen and congresswomen understanding the details (fine fine print) and how these could be manipulated, As we have seen Fannie Mae was able to pay back the entire amount of funding from the U.S. Treasury because it never burned or needed the cash in the first place... as proven, strangely enough, via the Company's own disclosures.” End of Quote.