Comments on: Are Insolvent Fannie and Freddie Making “Charitable Donations” with Your Tax Dollars? https://4closurefraud.org/2012/04/01/are-insolvent-fannie-and-freddie-making-charitable-donations-with-your-tax-dollars/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 01 Dec 2025 16:56:33 +0000 hourly 1 https://wordpress.org/?v=7.0.6 By: keepon https://4closurefraud.org/2012/04/01/are-insolvent-fannie-and-freddie-making-charitable-donations-with-your-tax-dollars/#comment-366638 Mon, 02 Apr 2012 03:24:10 +0000 https://4closurefraud.org/?p=45195#comment-366638 Ed DeMarco, head of the Federal Housing Finance Agency — which oversees Fannie and Freddie — has stood in the way of (principal) reductions and he’s claimed the support of Fannie and Freddie. But that’s no longer the case. Even Fannie and Freddie now support principal reductions. It’s time for Ed DeMarco to step aside by signing this Whte House petition:

https://wwws.whitehouse.gov/petitions/!/petition/push-fannie-mae-and-freddie-mac-issue-principal-reductions-underwater-homeowners/qtS3crg7

]]> By: Reg Miller https://4closurefraud.org/2012/04/01/are-insolvent-fannie-and-freddie-making-charitable-donations-with-your-tax-dollars/#comment-366594 Sun, 01 Apr 2012 22:29:48 +0000 https://4closurefraud.org/?p=45195#comment-366594 In reply to Hell NO! No More Bankster Bailouts!.

FHFA, also part of Treasury is “overseeing”. They won’t inconvenience rich folk, so they support the theft of your house.

]]> By: gregory https://4closurefraud.org/2012/04/01/are-insolvent-fannie-and-freddie-making-charitable-donations-with-your-tax-dollars/#comment-366546 Sun, 01 Apr 2012 17:26:00 +0000 https://4closurefraud.org/?p=45195#comment-366546 Here is the way I see it,if Fannie and Freddie have sucked the Tax payer tit for long enough it is time that the Tax payer gets the FNF tit. Cut all mortgages in half, sell fannie and freddie and start over again. It seems high time we quit throwing money to a fire that sends it up in smoke.

]]> By: Hell NO! No More Bankster Bailouts! https://4closurefraud.org/2012/04/01/are-insolvent-fannie-and-freddie-making-charitable-donations-with-your-tax-dollars/#comment-366522 Sun, 01 Apr 2012 15:34:32 +0000 https://4closurefraud.org/?p=45195#comment-366522 If Fannie & Freddie were ‘normal businesses’ in a Chapter 11 reorganization, rather than their essentially ‘wards of the state(federal)’ status, donations would be forbidden. Certainly Chapter 13 BK does not allow donations.

So why are we given lip-service on the fact that FCIC is overseeing these wayward institutions? Fannie & Freddie are simply continuing to spend, spend, spend as if nothing has changed. They ran up a hefty bill at a recent conference also.

Nothing is changing. Even the robo-signing continues, now with more sophistication.

The banksters are busy pulling the strings on the puppets in government and we are blasted with their propaganda in the major media. A couple of years back I read a comment from a gal from the former Soviet Union. She was aghast about the US scene. She found it just as corrupt as what she had fled.

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