Fannie Mae-No Politics (FNMA)

[FOFreddie]

Susan knows that USG officials coerced the GSEs to buy subprime and Alt A mortgages and she knows that screwed the GSE shareholders who have lost billions including the JPS shareholders who bought JPS at $ 25 after the NEC started to execute its Nationalization Plan with the leaked Barron's article in March of 2008.

Susan should come clean and tell us which USG officials coerced the GSEs before she stuffs the taxpayers with a FHA controlled housing sector that ultimately will stuff US taxpayers with credit losses and a lost AAA Sovreign credit rating.

Who coerced the GSEs to buy the subprime mortgages Susan? You told the FCIC interviewers - now is the time to come clean.

See the last few minutes of the 59:27 tape, She goes into her background around minute 54 and then talks about HUD and the CRA program under Cisneros - the last dialogue was that she would tell the interviewers which USG regulators stuffed the GSEs if they shut off the tape.

https://elischolar.library.yale.edu/ypfs-audio/304/

FCIC - "What if we turn off the tape? - can you tell us of the record?" Wachter " Sure" FCIC - "I am going to turn it off"