Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The US Treasury and the Obama administration were pressing hard to deliver Mortgage Forgiveness in 2011 and 2012.

But for Executive Privilege and National Security Exemptions to Discovery we would likely have seen the extensive analysis by the FHFA and the US Treasury as to its related costs to the GSES AND the projected pro forma profitability projections.

The August 17, 2012 Net Worth Sweep was a total Banana Republic move by the US Government and they want to keep it hidden from Shareholders and the American People.

The US Government continuing to maintain that the NWS was a legitimate way to preserve and conserve the GSES is ludicrous and the 12 random DC Jurors figured this out pretty quickly.

These federal agencies (aka the 4th Branch of Government) are out of control and need to be reigned in.