Fannie Mae-No Politics (FNMA)

[contrarian bull]

I'm no longer making the forbearance problem worse since I already have all 8 of my mortgages in forbearance. Next question is how many get extended past the automatic 3 months? And how many move on to a full loan modification?

What if any impact would this have on fannie and freddie?

If the courts would get moving - hopefully I can use my f&f shares to pay off all of these mortgages.

News: Forbearance Numbers Rising + +

Looking forward to May based on a 17% weekly increase we could see over 5 million forbearance loans meaning $50 to $80 billion dollars in associated fees to Fannie & Freddie.

Enjoy smile and have a great weekend