Fannie Mae (FNMA)

[Donotunderstand]

Interesting

Guaranteed the securities --- but not the companies

Interesting

Might work

(could do same for PLMBS paper that meets key standards - but not the BANK issuing it?)

question

banks have two major representative associations

one focuses on the super big
one focuses on regional and smaller

which one is the MBA ...?

we (F and F) have had support from the smaller and regional banks for years as they do not securitized themselves with a PLMBS --

the big bank folks - who want to do our job and make our profit - have wanted us dead

if this is the BIG and BIGGER bank group that is really a big change - super big