Fannie Mae-No Politics (FNMA)

[JOoa0ky]

They don't care for giving existing stakeholders anything but they DO understand that they have to give new incoming private capital a return if they want private capital to take the first loss position.

Are you kidding? You think the government will give investors 8% ?
That might be what they cut themselves based on a backstop arrangement. Investors will be lucky to get 3%, and that'll be taxed! None of those Dems speaking (Waters or Brown) will be willing to give up any profit to an investor when they can give away freebies to making affordable racially centered housing.

They do not understand the very basic but all important aspect of giving someone a fish opposed to teaching someone to fish.