Replies to post #687408 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

a bridge too far

[make it or break it]

yes

[jog49]

"fhfa established July 30, 2008"

Its mission: To oversee the orderly demise of Fannie Mae and Freddie Mac so that the TBTFs could divvy up their lucrative books of business. The game plan had been established some time prior to July, 2008 and the 30th was just the moment all the stars were aligned.