Fannie Mae-No Politics (FNMA)

[Viking61]

With the new FMCC program, Freddie will increase market share, volume and dollars to the bottom line.
Even though it will create more risk later and possibly stifle the real estate delema of having enough affordable housing. People will get second mortgages and fix up the house that they have because they can stay in their 3% rate instead of churning their house and moving up to larger or newer homes. However, Freddie has a huge new market in the second mortgage category $$$$$$$