Replies to post #766011 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

The US Treasury and the Obama administration were pressing hard to deliver Mortgage Forgiveness in 2011 and 2012.

HUH?

2011 and 2012 ? ----- all mortgages ? all mortgages inside F and F MBS?

WHY?

I thought - (impression) that by 2012 --- mortgage delinquency at that point was about 6% --- with a base history of about 4-5 percent

delivering mortgage forgiveness? why? That is one hell of a massive hit on "debt" ---- and why when the delinquency rate had mostly self corrected from say 10-12 %