Replies to post #585486 on Fannie Mae-No Politics (FNMA)

[Potty]

Obi, thank you, that was very clear - and I hope helpful to people believing the mistaken claims...

[955]

Thank you Obit for that clear explanation......glad I asked.

[ano]

You misunderstood the implied-in-fact contract issue

For 2 companies entering into a implied-in-fact contract there has to be a consent of the BOD and that is something the government cannot prove in implied-in-fact