Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Typically mortgage originators add about 50 to 100 basis points JUST BECAUSE IT'S A NON OWNER OCCUPIED PROPERTY, and Mark limited the amount any one lender can deliver to the gses at 7% of total deliveries.

From a risk to the gses book of business it's probably positive but the gses may be losing out on the more expensive and likely more profitable loans...

I think it is in the best interests of the Primary Mortgage Market to do business with stable private corporations who can cater more effectively to their customers needs.

Or would they rather deal with the weaknesses inherent in government controlled organizations, like the Federal NATIONALIZED Mortgage Association...

They already have FHA and Ginnie Mae.

What do you think?