Fannie Mae-No Politics (FNMA)

[Donotunderstand]

interesting example

I note that as the GOV is now suggesting that annual pay back on student loans (that can not be wiped out by CH11 - see who lobbied that baby) ----- that such pay back obligations have ceilings based on ---- income

i.e. you borrow and borrow and interest builds up and up and at some point the payments are an insane percent of your income - say 50% even with a decent job

there is talk (and maybe some action already) to cap what a borrower of student loans - who can no escape them in 11- has to pay as a % of income

interesting