Replies to post #340900 on Fannie Mae-No Politics (FNMA)

[rekcusdo]

"By August, 2008, Fannie Mae's mortgage portfolio was in excess of $700 billion."

https://en.m.wikipedia.org/wiki/Fannie_Mae

And if you dont believe wikipedia...here are their financials.

http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/043016.pdf


http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/013106.pdf

The first financial is from April 2016. The second financial is from January 2006.

I draw your attention to the Gross Portfolio value.

In 2006, it was 700+ billion. In April, 2016 it is about 350 billion.

Sorry to burst your bubble.