Fannie Mae-No Politics (FNMA)

[navycmdr]

Stevens is a Socialist - and like politicians uses FEAR to get attention ..

at least he is confirming the shortage of supply keeping prices ELEVATED

And yes, there are other challenges, beginning with this terrible dearth in housing supply.

But to use other variables as an excuse to not help here is a difficult argument to justify.

The bottom line is this, we have lost the biggest buyers of MBS in the world (BS FEAR MONGER)

and this could keep rates artificially higher than would be the case in a more

balanced supply versus demand environment. This is a project for the Biden

administration to lead, which should include the NEC, Treasury, the Fed, HUD, and FHFA. (and THEY WILL DO NOTHING)