Replies to post #390935 on Fannie Mae-No Politics (FNMA)

[Zaadx]

It's highly likely. Don't forget that Hank Paulson is a Goldman Sachs alumni (I think he used to be the CEO). He and Mnuchin are likely cut from the same cloth. They both like taking over $h&t! lol

Paulson took over Fannie Mae & Freddie Mac, and Mnuchin took over Indy Mac Bank (One West). Both turned a profit, and both screwed the little guy in the process.

For example: Mnuchin's bank had one of the highest modification denials during the crisis:

"Treasury Department data showed that One West had one of the highest denial rates for applications to the Home Affordable Modification Program, the federal government's chief foreclosure prevention effort."

https://www.google.com/amp/amp.usatoday.com/story/96712858/

Will Mnuchin deny us shareholders an opportunity to recover, just like he denied his clients that same opportunity, at One West Bank?

His signature may have changed....but what about his character?

$FNMA