Fannie Mae-No Politics (FNMA)

[Donotunderstand]

1. Displaces private money ???????? So what money type is F and F ? bit coin ? state money ? government money? for the last five years .............. make sure it does not displace private money is a sentence that very strongly implies F and F are not private money ??????? or what did I miss

2.

He added, “In many cases this displaces private lending in the mortgage markets and we need these entities that will be safe. So let me just be clear— we’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again.

restructured ?

private money v F and F money ?

Mnuchin needs to get more focused in his words - pro or con