Replies to post #393140 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

BaGr

If you can you may want to find out if your loan was sold to them and kept

In the service of loans business - back say 20 years ago - mortgages were traded back and forth

The servicer year one of a loan got paid 2X the amount of any other year

so the banks absolutely traded paper ........... and each made more money ...........

under all of this - F and F owned the actual risk