Replies to post #260412 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Excellent! $$$$ FNMA $$$$$

[Donotunderstand]

yes

stated income

I add - interest only with a 3-4-5 year baloon or amortization begins - wow

And while I agree 90-95% loans were not a big part - those 80 10 10 10 as they were called - no skin in the game - 5 Year ARMs were IMO a part along with stated income and interest only