Replies to post #382227 on Fannie Mae-No Politics (FNMA)

[obiterdictum]

If the interest obligations on SPSPA draws are calculated at 5% with pre-payment adjustments then it should give fairly good idea about on which side the balance of payments lies.

The post being responded to has to do with evaluating bill H.R. 491, a bill which requires a 30 year amortization schedule at 5% for loans made from the GSEs annual aggregate draws on a yearly basis. According to the provisions of the bill, that means four 30 year loans at 5% for Fannie and five 30 year loans at 5% with both an amortization schedule that must be followed.