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A comment on Wealthy mortgage borrowers face cold shoulder from lenders. Parent comment

Re:Wealthy mortgage borrowers face cold shoulder from lenders by nsfyn55 on Friday April 24, 2020 @12:45PM (#22970116)
> It's actually owned by the government, Fannie Mae.

Oh my bad. So riddle me this. Does the government secure mortages it owns?

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Re:Wealthy mortgage borrowers face cold shoulder from lenders by yardie on Friday April 24, 2020 @02:47PM (#22971602)
I'm not sure what the relationship is, because all government loans are secured by the federal government. In this case there is a lot more oversight. And the government has put more restrictions on how loans are packaged. Investors and lenders were playing a lot of games in the early 00s, taking advantage of securitization with almost no oversight.
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