Fannie Mae (FNMA)

[jog49]

The GSEs were started to provide liquidity to the banks and lenders because, quite frankly, they couldn't loan money for mortgages without parameters. All of them had credit limits in the eyes of the government.
Seems now, the politicians have converted the GSEs into "public service" prostitutes. Next thing you know, shareholders will be required to take up hammer and nail to build these hones for people who can't afford them! I thought Lincoln abolished slavery but it seems alive and well for GSE shareholders in 2021.