Replies to post #311920 on Fannie Mae-No Politics (FNMA)

[mhill_fin]

There's a lot of stories about this and Wallison.

Here's one here:
http://timhoward717.com/2015/01/17/peter-wallison-voodoo-economics-scholar-or-sociopathic-liar/

They want them killed off because they feel they are artificially allowing those who shouldn't be able to afford a home get one. They believe the free market would never loan to these people at these prices. They are fine with renters and feel the bankers can do a better job of free market loan pricing. Bottom line, they want this in private hands and they want it free of baggage (existing shareholders).