Replies to post #489148 on Fannie Mae-No Politics (FNMA)

[jeddiemack]

WHat?

ALL of the money given to fannie and freddie was sucked right back out either thru the 10% interest (3x going rate at the time) or the net worth SWIPE.

ALL of the money ALL ALL ALL

which is why the money given Fannie and Freddie has been 175% paid for.

And then some!

Good grief.