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Fannie Mae: No appraisal,credit below 580, A OK!

Lets see, Fannie is 79.9% government owned (because 80% makes the government have to show Fannie on their books…)

Our government owns her and instructs her to make shaky loans, of exactly the kind that are failing horribly. When these loans default, don’t worry, taxpayer picks up the tab. Oh, wait…

Read the whole thing at (godhelpus, there is really a site called efanniemae.com)

https://www.efanniemae.com/sf/guides/duguides/pdf/current/rndodu71aprupd.pdf

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