Fannie Mae-No Politics (FNMA)

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But keep in mind that bank of america also gave lots of money to watt. More in total than fnma did. If BOA wants to get rid of the GSEs and replace them with one company for which BOA provides the backing, then we might see Watt go for the merging / wind down plan, as his paymasters might be demanding. Either way, I'm always amazed at how little $ it takes for donors to politicians to get what they want! They get massive ROI when they buy politicians if you really look into it.