Which has zero to do with the mortgage business.
Now, you answer my question. What did he tell Freddie and Fannie? Did they follow his advice?
He's been asked the same question, on Gretta last night, and mumbled some BS about strategic advice. They followed his advice the same way Apple followed Al Gore's "advice". You are seriously naive if you believe there was ever any advice. It wasn't advice they were buying, it was influence. It was a corrupt arrangement, where an illegitimate organization - miles in debt to tax payers - directed some of that stolen money to Newt in a quid pro quo, for his potential or real help with stealing more.
Which is exactly how much Freddie has to do with the mortgage "business". It's a "public/private partnership" which has done everything it could to destroy the mortgage business.
You are seriously naive if you believe there was ever any advice. It wasn't advice they were buying, it was influence. It was a corrupt arrangement, where an illegitimate organization - miles in debt to tax payers -blah, blah, blah...
I see.
So in other words, you don't know.