Fannie Mae-No Politics (FNMA)

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BOOM!

Because of the credit quality in the mortgages backed by Fannie Mae and Freddie Mac, ACG doesn't expect the coronavirus crisis to have a serious impact on the GSEs. The firm noted that Calabria has said repeatedly that as long as the coronavirus pandemic doesn't last more than two or three months, Fannie Mae's and Freddie Mac's exit from conservatorship won't be delayed more than a few months.

They also pointed out that subprime mortgages are mostly backed by the Federal Housing Administration rather than Fannie and Freddie, like they were in 2008.

$FNMA~ $FMCC~ https://finance.yahoo.com/news/fannie-mae-freddie-mac-survive-154530729.html