I want to know the answer to the following question:
What was the value of the estimated 13 million substandard loans held by Fannie and Freddie in 2008?
All the background I'm provided with is that "Later, based upon information in the SEC's December 2011 securities fraud case against 6 ex-executives of Fannie and Freddie, Peter Wallison and Edward Pinto estimated that, in 2008, Fannie and Freddie held 13 million substandard loans totaling over $2 trillion.". Is that enough to answer the question?
Answer: yes