Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Wrong . Avg credit score is at best low 700, I want to say 720 but I’m not looking it up and I’ve been on a plane all day.

You're probably just jet lagged...

Pg. 12 of Fannie Mae 3Q23 Financial Supplement:

Credit Characteristics of Single-Family Conventional Guaranty Book of Business

Mark-to-Market Loan-to-Value
(MTMLTV) Ratio:

YTD to 3Q23: 51%

FICO Credit Score

YTD to 3Q23: 753

Tell you what sparky to save time. What is the total amount of mbs owned by the 25 biggest banks and thrifts. Ready set go….

"Twenty-five biggest banks own $1.9 trillion of agency MBS
Lenders keep piling into assets with virtually no credit risk"

https://www.bloomberg.com/news/articles/2021-02-16/big-u-s-banks-government-backed-mbs-holdings-hit-record-high?embedded-checkout=true