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Fannie Mae (FNMA) has never been what I would call the sharpest tool in the shed. Reaping the benefits of both being financed by; bailed out by; and screwing the public is much like the FNMA Mantra. In a page straight out of the preordained liability manual, FNMA must have believed that they were marketing properties in DuPont Circle and not 8 Mile in Detroit.
... properties will be provided minor staging materials such as decorative floor . . .
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