Yeah, pull the plug on Bwanny and Dodd.
Gotta hurry and bury the evidence. This aint Waco, you can’t just burn it all up and claim ignorance!
I heard that Chase just lost a big lawsuit with Fannie regarding the lack of documentation Chase has on mortgages backed by Fannie.
Minor things like the lack of the actual title or signed mortgage paperwork.
The real problem here is they can’t shut it down. The purpose of Fannie and Freddie today has little to do with mortages, but to act as a conduit for Quantitative Easing.
Pull the plug on a financial rat-hole GSE sucking money out of our pockets for totalitarian crooks without anyone’s head on a pike? You financial oligarchs see no evil, hear no evil, speak no evil.