Replies to post #100366 on Fannie Mae-No Politics (FNMA)

[PennyNK]

Agreed!!! It would leave the poor and middle class right where they are... Going nowhere!!! The beginning of many of OUR short squeeze!!!

PennyNK

[driss202008]

Yes, the banks want you to put 20% down on your mortgage and an APR over 6%, so they can cover their asses. If things go wrong, the banks will get your 20% downpayment and 80% from the proposed agency FMIC. Conclusion, the taxpayers losses will be doubled.