Fannie Mae-No Politics (FNMA)

[imtheshadow]

I don't think MC will lower the capital requirement. The administration has the cover of the pandemic and clearly wants more competition that will benefit WS/TBTF banks ... and they could care less about affordable housing (or health care for that matter) ... this is solidly a "1%" admin that know exactly how to play on abortion, guns, jobs vs environment, white supremacy and gay rights to expand well beyond the 1% folks ... so no risk in rewarding Wall Street while economically harming Main Street ... basically same Rep playbook for years, just on steroids right now ...