San Diego, CA -- (SBWIRE) -- 10/25/2013 -- Federal National Mortgage Association (OTC:FNMA) told about an ongoing debate between policy makers, legislatures and the industry representatives whether there should be reduction in the size of mortgage loans or not. There are suggestions that the mortgages that are guaranteed by government organizations should be reduced.
Federal National Mortgage Association is one of the parties that will be affected if the suggestions of President Barack Obama and housing regulators are implemented to reduce the mortgage loans. The company considers that the industry considers it risky to reduce the mortgage size but the decision is not final yet.
Federal National Mortgage Association is US government-sponsored business that wires liquidity and strength in secondary mortgage market. FNMA operates on market liquidity achieved by securitizing mortgage loans in the primary mortgage market. It purchases mortgage loans and securities for its portfolio.
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