Replies to post #767359 on Fannie Mae-No Politics (FNMA)

[Wise Man]

The WSJ Opinion doesn't know that FnF are private shareholder-owned enterprises and that a Conservatorship preserves this status.
The taxpayer doesn't bear credit risk in FnF, even holding redeemable obligations in FnF (SPS) recorded in Equity. Long gone by the way.
An obligation is a compromise of repayment.
Who reads the WSJ?

[Donotunderstand]

very informative
one wonders - after that read - and the massive and larger size of student debt out there (approaching 2T (with a T) - how F and F still have a stellar low ""true delinquency" rate? 50% debt ratio and not counting student loan when on a payment plan - says 60% or ?

Is this very very very new and we should worry ---- or is this sort of been there for a decade or more - and F and F still have huge profits and super low "write downs" --- and lower than banks with their PLMBS? (Yes I realize the banks make the loans and F and F package and take the risk - but do they refuse to take the risk on the crazy high debt levels - where TBTF banks write the mortgages and issue PLMBS? with those mortgages?)

and add in 3% down ? (does F and F require PMI --- even if PMI was worth nothing in 2008)

lots of talk here about loans to lower income and 3% and high debt ratios --- and yet F and F make a ton of money ? Seems contradictory ? Unless as I believe - the various too good to be true programs impact a tiny % of people ?

[Donotunderstand]

very informative
one wonders - after that read - and the massive and larger size of student debt out there (approaching 2T (with a T) - how F and F still have a stellar low ""true delinquency" rate? 50% debt ratio and not counting student loan when on a payment plan - says 60% or ?

Is this very very very new and we should worry ---- or is this sort of been there for a decade or more - and F and F still have huge profits and super low "write downs" --- and lower than banks with their PLMBS? (Yes I realize the banks make the loans and F and F package and take the risk - but do they refuse to take the risk on the crazy high debt levels - where TBTF banks write the mortgages and issue PLMBS? with those mortgages?)

and add in 3% down ? (does F and F require PMI --- even if PMI was worth nothing in 2008)

lots of talk here about loans to lower income and 3% and high debt ratios --- and yet F and F make a ton of money ? Seems contradictory ? Unless as I believe - the various too good to be true programs impact a tiny % of people ?