Fannie Mae (FNMA)

[Wise Man]

That was debunked a thousand times.

the Gse’s took $40 billion in toxic MBS on their books at the direction of hank Paulson.

FnF have the obligation to repurchase the 3-month delinquent loans from their MBS Trusts (Special Purpose Entities, SPEs), in order to start their Foreclosure Prevention Actions in their Retained Portfolio.

your posts are way too long. Please try to be more concise

Of course! You want me to allow you to explain what has happened with lies and, secondly, to not explain the financial concepts behind.
My posts are very concise. It's not my fault a 15-year Conservatorship, which is linked to the FHLBanks' bailout in 1989, starring the same officials.