Replies to post #792345 on Fannie Mae-No Politics (FNMA)

[tutt1126]

And you can buy F&F in Chase Bank also

[ron_66271]

CDS and F&F.

According to the FDIC WaMu/WMB Securitized Two Trillion in RMBS of which $500 Billion was sold to F&F.

Those RMBS were insured by CDS to cover the losses. Derivatives!

The insurance losses need to be recovered.

The CDS insurance will cover all of F&F outstanding claims.




Ron