The 3 dems plan had fannie living on with 30% market share.
The 3 dems plan had fannie live with 30% market share FOR the small banks and mortgage brokers. Guess what, the large banks are running from mortgages, they don't want to pay fines or be taken over in a conservatorship from those loans. Guess who is coming in as a major player for mortgages? thats right the little guys that are willing to take the risks, and Fannie will remain for them to do business according to the 3 dems plan. Those 3 dems do speak for the whole dem party. believe that!! They dont come out as 3 without approval of upper dems. Remember in 2008 fannie and freddie were about 35% of the market and 65% was Pls. We all know Pls went in crapper and bankrupt. so the smaller 35%, F&F, saved this countries mortgage system. The dems want it back like 2007. In 2007 fannie, with same shares out, was worth $60, and it was less profitable by about 50% of what it is today. Anyhow..... you decide.