Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

But DJT is an owner in the primary RE market, not a competitor with GSEs in the MBS secondary market. He is not a lender or credit risk aggregator. You’re comparing Apples & oranges, friend.

On the contrary, DJT would benefit if he can get better terms from GSE multifamily compared to bank or NDFI portfolio (e.g., Axos Financial). If the banks or NDFIs are worse, he benefits. If the GSEs are worse, why would he care? The best bid wins, and even the Donald can understand than having different levels of bidders are better than having parity & homogeneity.