Fannie Mae-No Politics (FNMA)

[Wise Man]

FnF operate business as usual during Conservatorship.
A UST backup came to substitute their light capital requirements as a result of a subsided guarantee-fee.
Everything changed with the UST's 3-option Privatized Housing Finance System revamp in 2011, as "recommendations on ending the Conservatorship", at the request of the Dodd-Frank law.
Now, the UST backup is pointless and their Public Mission outdated.
Charter-revoked wording in the very 2011 Report to Congress.


FnF don't compete with the banks. FnF help them to off-load mortgages from their balance sheets, so they can continue to lend out.
FnF compete with others that have a securitization platform, like Blackrock.
The commingled securities were created to fuel competition, for those that lack a Securitization Platform and also in the sale of their products if the market requires Reinsurance by FnF.

This is why Blackrock is involved in the Fanniegate scandal, with the CRT (Craig Phillips) and sending people to the White House, like Brian Deese, to conceal the Separate Account plan. Just what you are doing, Bradford.
Notice that CSS could operate globally once it's IPOed, and Blackrock has huge business with the ECB's fraudulent activities across the board, and with other countries/governments.

Trump is the cheater (mastermind of the phase 3 in the Separate Account plan: SPS LP increased for free holds the Common Equity in escrow. It began with Watt-Mnuchin).
The shareholders' worst-case scenario (99.99% dilution).

Trump did write in his Nov. 21 letter that he plans to release the twins so that hard-working Americans will no longer be cheated out of their retirement savings.