Fannie Mae-No Politics (FNMA)

[capitalismforever]

So Carson believes 30-Year mortgages can exist without Fannie or Freddie

Read his the question and his answer to the question again, and think about it in terms of a recapped GSE that doesn't require a government backstop. Also realize that the GSE's had existed for 80 years with a minimal capital requirement before ever requiring a government backstop.