Fannie Mae-No Politics (FNMA)

[jeddiemack]

Borrowers still owe the money, the collateral is still there and there is no crazy on the loans, since frankly many will still continue to pay them. Remember, just prior to this crazy there was an overall lack of available single family housing. In my town, homes would be on the market no more than a week before being under contract.

So, my take is these "experts" are idiots.