Replies to post #303212 on Fannie Mae-No Politics (FNMA)

[Sogo]

Is that a quote from the ruling? If so it seems a bit of a contradiction with the lack of damages awarded.

[Hvp123]

During the financial crisis, many financial institutions engaged in much riskier and more culpable conduct than AIG, but received much more favorable loan treatment from the Government. In fact, financial institutions that originated and marketed subprime mortgage-backed securities made representations and disclosures that the Government later concluded were false and misleading. There was fraud in the underwriting process.