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Donotunderstand

11/28/23 11:40 AM

#776082 RE: navycmdr #776073

Serious question of anyone - anyone

does backing say 1Mn mortgages or homes at $1Mn at 80% ---- take anything away from the ability of FNMA to serve the working middle class?

my sense is if FNMA makes money on the "1Mn" market it can only help FNMA meet the home purchases for working middle class ?

it is not a zero sum game is it?