Fannie Mae-No Politics (FNMA)

[Cubshawk]

Instead of FnF covering the cost - why not just have a small fee
on each individual mortgage based on loan value at time of origination?

HappyAlways
1. Gov to provide explicit guarantee (in fact, all TBTF banks carry some sort of implicit gov guarantee.)
2. FnF to pay an extra 5% profit tax, as insurance premium for the explicit Gov guarantee