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Re: Stockman1010101 post# 340900

Tuesday, 05/31/2016 3:34:23 AM

Tuesday, May 31, 2016 3:34:23 AM

Post# of 797363
"By August, 2008, Fannie Mae's mortgage portfolio was in excess of $700 billion."

https://en.m.wikipedia.org/wiki/Fannie_Mae

And if you dont believe wikipedia...here are their financials.

http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/043016.pdf


http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/013106.pdf

The first financial is from April 2016. The second financial is from January 2006.

I draw your attention to the Gross Portfolio value.

In 2006, it was 700+ billion. In April, 2016 it is about 350 billion.

Sorry to burst your bubble.