Fannie Mae-No Politics (FNMA)

[MannSinger]

0.18% on mortgages hold by FNMA NOT on MBS sold to investors or enterprise value

Lets assume FNMA is holding $300B mortgages in the book which is not sold to investors then FNMA will pay 0.18% of $300B = $0.54B

FNMA will NOT pay 0.18% on MBS already sold to the investors or enterprise value of $3.5 Trillion.

Does JPM pays 0.18% of its enterprise value of $490B? NO

Does bank pays on 0.18% on deposit above $250K/individual or investment accounts- No.