Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
|glenbradford-wordpressFanniegate|1 min read

Shelby's Reg Relief Bill Great Except for Title VII GSE REFORM. REMOVE THAT AND GO GO GADGET $FNMA #FANNIEGATE

Regarding the section on GSE reform...

Maybe someone on the Senate Banking Committee will put the puzzle pieces together and show why each action is unwise and fraught with greater problems and that the large banks just are not worthy managers of both the primary and secondary mortgage markets, which ultimately they will control if Shelby and his allies prevail.

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