Fannie Mae-No Politics (FNMA)

[bmp152]

Everyone should read the article in my previous post:

"Fannie Mae, Freddie Mac litigation heating up"
http://www.valuewalk.com/2014/02/fannie-mae-freddie-mac-litigation-heating/

It really outlines quite nicely what could very well take place now that the Geithner-Goldstein memo is out there. The author of this article makes the point that the administration cannot let discovery happen. People will then be under deposition, their word cast in the record of the courts, and held accountable for their fraudulent activities. It is best now if the govt negates the 3rd sweep "on their own will" and save political face, as well as to preemptively invalidate at least some of the lawsuits.

It's really quite a compelling look at the situation...IMO.