Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks Guido - I looked through and could not find what fees were paid and to who? I think there should be some type of underwriting agreement with a detail on what the selling agents get paid. I could not find that and I have not been in EDGAR for some time. Must be a good business - especially the selling group. Dont know if every purchaser has to buy from the selling group and what value they bring to the offering. Seems like a security that could be sold directly or at a very low fee arrangement - the cost is in the legal docs and structuring I would think. The question is whether the selling group is selected because they are connected.