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Replies to post #291007 on Fannie Mae-No Politics (FNMA)

Replies to #291007 on Fannie Mae-No Politics (FNMA)
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Mikey Mike

03/03/15 1:44 PM

#291008 RE: Dollars1 #291007

...they just so happen to catch the tail end of it due to competition...but, no they were never the ones to cause it in the first place. Their risk on loans purchased has averaged less than 2% even without the GSE risk backing before a third party insurance...before the change it used to be borrower, insurance GSE's then taxpayers...now it's borrower, GSE's, insurance, GSE's again then taxpayers...