Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Question #7 - part of his answer - he says - R thinking is

The GSEs are indeed critical to making the 30-year fixed-rate mortgage available to all qualified borrowers, rather than just some;

Government support is integral to the securitization of mortgage loans by the GSEs and therefore must continue;

But the resulting taxpayer exposure to loss has historically been too large and needs to be significantly reduced by requiring much higher GSE capital requirements[11] than existed prior to 2008;

and such taxpayer exposure needs to be further reduced by shrinking the GSE footprint, which will also enable a greater amount of private sector funding for mortgages.

THE ABOVE - is nearly exactly the policy position - in documents - of BO DJT (One) and JB ----- the perfect world and the continued excuse for keeping us in jail -- until the ABOVE conditions are met - which is never