Replies to post #93062 on Fannie Mae-No Politics (FNMA)

[rjanderson383]

maybe the government should just take control of all of it and take ownership of peoples property and then liquidate it. And leave the people with nothing.

Lol ;-)

[parrot head]

Not a dang thing. Fnma is a secondary mortgage market that buys loans from banks.

[Strykerd]

Hah that's funny, or it did make me laugh. Detroit sells muni bonds not FnF mortgage backed bonds, haha,lol. Detroit's munis took the hit, you could have made coin shorting Detroit's muni bonds. Has nothing to do with FNF mortgage backed securities.

[MasterBlastr]

The whole city has been written down to zero long ago . . .