Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Currently, the twins, DO NOT have to fully recognize the financial impact of forebearance due to COVID on their books, The next bill will likely include unemployment benefits, mortgage rates are at 50yr lows (you don't want to skip your mortgage payment), there is an acute housing supply shortage, most homeowners have big equity positions in their homes,and it looks like the US Congress will allow financial institutions to not let COVID destroy them. But YOU should simply sell your investment(s) in the twins if you are "nervous about the future", I hear you can earn 0.01% PER YEAR on 1yr US Treasuries! "Also, even before negotiations with the House begin, on July 28 Senate Banking Chairman Mike Crapo (R-Idaho) stated that Republicans are considering adding language to relax financial institution capital requirements by permitting the exclusion of certain assets from the calculation of the Tier 1 Leverage Ratio. Whether this happens, and whether the relaxation survives negotiations with the House, remains to be seen."
https://www.arnoldporter.com/en/perspectives/publications/2020/07/coronavirus-legislative-update#Article6