Fannie Mae-No Politics (FNMA)

[CNorris2]

Yes, you seem to understand bank’s capital rules. FED is also squeezing commercial real estate, office space specifically. There is actually shortage of class A retail let’s not get confused. Since spring, there has been a lot of lobbying going on to have them support MBS again and that is why they will be released. FED ain’t buying anymore. Still feel commons will be diluted but as you pointed out there is profit in supporting MBS portfolio. Which is what will help commons in the long run. To answer the capital question they are already there. The politicians are just trying to figure out how to waste billions calling it affordability.