Fannie Mae Discussion forum

Please carefully read before answering questions:

There are two discussion forums in the attachment that were answered by students to this question.

"In the mid-2000s Fannie Mae was in severe financial difficulty and desperately needed additional capital for the company to survive. What factors prevented Fannie Mae from simply providing potential lenders with misleading financial statements to make the company look like a risk-free investment?"

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You will not be answering the above question. However, you will be answering to both of the responses made by two of your classmates. Start with reading the first forum, then respond in about 100 words. Then, read the second forum, and respond in about 100 words.