Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Interesting

It makes sense in one way - cost savings/simplicity

Yet Freddie was GOV started to have a second big place and instill competition

Logic (which does not always rule) would be keep F and F separate now

Exit them separately

Then - if and when there is real competition for honest work in the MBS field - combine them at that time when they have competitors