Fannie Mae-No Politics (FNMA)

[Wise Man]

The Credit Risk Transfer (CRT) operations are another fiasco.

Following Mnuchin's slogan:"The taxpayer be appropriately compensated"
That's a different Charter.
Attempt to replicate the 1989 RTC (PP Partnerships) where the FHLBs' Funding Corp invested in, that saddled the taxpayer w/ losses:
$30B RefCorp bond
$18.8B invested directly in RTC pic.twitter.com/p72VSm9Gr8

— Conservatives against Trump (@CarlosVignote) January 8, 2024