Replies to post #477434 on Fannie Mae-No Politics (FNMA)

[Always wondering]

1.Ginnie is not remotely capable
2.Happen to notice the market effect with interest rate rises?

[KenKong]

“Plenty of banks to fill the gaps” .... no way man. Banks won’t touch the 30 yr ANY where near the level of FnF in order to keep the 30 year and anything resembling the US housing market. Lay off the weed.

[whipstick]

lol - you must have pretty good insight into how the mortgage market works.

[whipstick]

Do you even know how loans get made thru the GSE programs? It doesn't at all seem like it.