Replies to post #374020 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Thanks. The point that is missed by most "experts" in Fannie Mae and Freddie Mac affairs of late is that until 1968, Fannie Mae was a government entity. It was privatized by President Lyndon Johnson to get its carried debt load off the Federal books because of the mounting expenses of the unfunded Viet Nam War


Yes - to be remembered