Fannie Mae-No Politics (FNMA)

[bobstruths]

We are hearing a lot from Pulte about our recommendations on how to improve FHFA and FnF. I think the answers can be found in 3 places. First, there is a need for frugal houses to be planned intelligently....eliminating bad design and bad features. I think the target square foot size should be between 1000 sqft and 1300sq. for a 3 bdrm 2 bath home. That should accomodate most small families. Next, don't ever feature a fireplace....where will the owners ever find firewood? Instead, put in an entertainment center....a place for a good TV. Also, never feature a wet bar! Also, instead of putting in bath tubs, put in nice showers. The objective should be a very nice home built on a frugal budget. The objective should be a very good home with no waste.
Next, in order to build a home at a frugal price it will need to be built using the most modern technology and that is 3-D printing. This is something FnF should incourage by awarding the top 10 developers of the technolog cash rewards on an annual basis for their achievements.
And 3rd FnF should give the buyers of homes made with the new technology a price break on their mortgage. This seems fair as the technology evolves and is perfected.
So, by following this path, FnF could save on purchasing mortgages of 19 homes and afford to use the saving to buy the mortgage of a 20th home. That is an improvement of 5%.