Replies to post #444527 on Fannie Mae-No Politics (FNMA)

[Sammy boy]

FNMA: Total assets in 2016 was $3.29T
Total liabilities also $3.29 B. Not a cent for Jr preferred left,
so taxpayers provide bail out?All profit stolen by the Treasury, they blame F@F
for belly up? The Govt will confiscate your bank accounts, forcing you to take
non repayable loans to pay your bills, force you to take a NWS mortgage,
also not repayable; be prepared, guys.

I while ago I did the 1031 exchange with intermediary, it was a good deal.
Today intermediaries steal your money! Allegedly *invested in FNMA*, so
investment lost value,
you lost your property and money, but sure, shall continue to pay mortgage!
Stay warned:-))