Fannie Mae-No Politics (FNMA)

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From Delaney-Carney-Hines proposed legislation:

"Winding Down Fannie and Freddie
• The Director of the FHFA will oversee the discontinuance of the Enterprises’ ability to issue, guarantee, or purchase any mortgage-backed securities.
• After the Ginnie Mae platform is established, the Enterprises will operate as one of the several anticipated monoline insurers and one of the several anticipated private reinsurers for a five year period.
• By the end of the five year period, the FHFA Director will ensure that the total market share of mortgage-backed securities insured by the Enterprises in either of these capacities will not exceed 30 percent of the total market share. "


I'd be quite happy with shares in companies retaining 30% of a $5 trillion business.