Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"But this maligned part of the mortgage industry is starting to make a comeback, in part due to new government-imposed limits on the number of vacation or second-home mortgages that can be sold to Freddie Mac and Fannie Mae. Issuance of bonds backed by private residential mortgages reached around $84 billion this year, close to 72 percent of 2020’s full-year total, according to the Journal.


Part of the resurgence in private-label mortgages is due to a new cap from the government on how many vacation and second home mortgages can be purchased by Freddie Mac and Fannie Mae.

[WSJ] — Keith Larsen"

https://therealdeal.com/2021/06/22/jpmorgan-invests-in-private-label-mortgage-platform/amp/