Newt contracted with F&F for 8 years. I believe the final year was 2009/10.
F&F did not operate on taxpayer money. It operated on fees and profits from mortgage buying, bundling, and selling.
One last thing before I go on this. Who do you think is bailed F&F out from 2008/2009 and who will bail them out for the $50+Billion they are already in the hole now for this year?