Fannie Mae-No Politics (FNMA)

[Cash47873]

They can't. Not without raising rates to ungodly proportions.
And that would only cover new loans moving forward. The $T worth of existing loans would still preclude them because they don't have another source of capitalizing themselves to meet this requirement. And if they did, why would they commit that kind of capital to such risk? No way it's going to happen.

And even if some portion of that fantasy were to come true, how again is that remotely healthy for the banks or the overall economy when the proposal on its face will effectively reduce the gross number of transactions on real estate that the result would be a greater than 40% hit to the entire industry that will continue to trickle down to every facet of the economy. Lets us all remember that construction contributes to over 200 separate fields of manufactured goods and services.
This whole god damn thing is a charade created by numb nuts and sold to dummies that don't have a frigging clue about their own personal finance let alone the economy of a nation.

All you negative sheite eaters can bring it back to $.50 if ya want because there are plenty of us waiting to load a fleet of cargo ships.

Keep flapping. At the end of this charade we can see who's pecker is actually bigger.

$FNMA