Replies to post #694436 on Fannie Mae-No Politics (FNMA)

[FFFacts]

Approximately one third of the US population decides by choice to lease their housing and that has held through consistently for extremely long time periods in American history

That's a high number whats your source?

We saw what happens when you give everyone access to financing the American Dream, it can turn into a nightmare like 08-09.

Not talking about loosening credit guidelines but about policy for financing owner occupant properties and not investor owned properties.

I may be wrong but it seems to me that mom and pop landlords would be less ruthless to those Americans choosing to rent and the gses provide a low cost conduit to promote individuals who wish to provide this service to the American public and make a reasonable rate of return.

The large REITS are already making a dent and taking over rental housing bidding up properties with all cash deals.