[ought-six]

She is actually correct. Fannie Mae and Freddie Mac are government-created, mortgage-guarantee operations. They buy up mortgages from established lenders and sell them them as securities to investors, the transaction being backed by the federal government (i.e., the taxpayer). Thus, when a homeowner defaults on the loan the federal government eventually ends up paying off the debt.

[afortiori]

Let's see if Obama and Biden, not their proxies in the media, are willing to argue they have been a good deal for the taxpayer.

Crickets?