difficult to get cheney stealing bonuses cashing now thank them then at some point fannie mae and freddie mac. could be sold to china and then china would be america's biggest landlord and that my rang some bells or maybe not speaking of having people's bell rung joe biden wants to raise corporate taxes to 28 percent from 21 percent and double the capital gains tax to over 40 percent. this is a sound like a wedding formula to compete with china mats what do you think. i don't know i don't think he's running the show i don't know if he knows what's going on it he bernie sanders 'd and in kamala harris and a.b.c. that are behind the scenes here he's going to end in disaster because the economy is not better the count there is no recovery it's a steady recovery just like we have the shake shrinks lation and there are lying about the inflation numbers the employment numbers all you have is the gene money and this money is needed look like there's an easy as good as it gets beginning of this year was 'd as good as you're going to see everything's going to have a wish it is decline from now on and

they're linking to points out that a lot of them are state owned enterprises kind of like fannie mae freddie mac's sort of situation where they're getting a lot of backing from the government and then on the other hand in their defense you know dan collins is often pointing out that especially in the financial services sector you have and financial and other giants alibaba pay and they're starting to compete with you know the state enterprise or they were until i jack ma then think got went silent for some reason yes comical because if statements from the white house and in washington the saying that you know. that sound like the antagonistic toward china like to like them but but they're just listing companies on the exchange and now there's a bit huge component of the exchange it's really comical because they are the policy makers in d.c. are there they're they don't know what they're doing they're stupid or they're in the. some foreign powers well 8 like i said at the top there are lots of people moused squatting in their homes and they haven't paid their mortgages or their rent for the past ye

starting this year, mortgage giants fannie mae and freddie mac puts a shares on the high.s at the trump administration they were looking to lower risk at the two companies now it is harder to qualify for a second home loan and those loans may be pricey. this as the second home share of mortgage applications jumped to 14% in february up from averages of 9% in 2019 and 10% in 2020. demand is up because of the increase in remote work and little bit of urban flight mortgage broker in boca raton, florida says demand is up. we are seeing it is increasingly difficult to qualify for a vacation home. there is no change to requirements, we are seeing profiles that would once be approved now experience more challenges it is not game over. especially since mortgage rates are still low. melissa cohn said some non bank lenders are taking advantage of the changes at fannie and fre freddie. banks got more restrictive during the pandemic, but over the course of the last two months, most banks have started to thaw and have reopened their lending to second homes and investment properties. sh

fannie maye and freddie mac in the secondary market and in the conventional mortgage market. moreover, the changes that mr. sherman and mr. taylor propose will help alleviate the appraisal back log at f.h.a. and increase the quality of work being performed. that would benefit homeowners and taxpayers alike. as a former community banker in arkansas i understand first han thousand howe the appraiser shortage has been a problem in my home state. for example, in arkansas, there's been a consistent delay in home purchases in rural areas because of the increased burdens that this shortage has brought about. this has created a ripple effect that's had a negative impact on the economies or in those neighborhoods. soy thank my friends, mr. sherman and mr. taylor, i urge all members to support this bill and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from missouri is recognized. mr. cleaver: i yield two minutes to the gentleman from california, mr. sherman who is also the spon of this legislation. the speaker pro tempore: the gentlem

freddie mac says there is shortage of housing, disruption in labor, expensive building materials, theor potential new homebuyers. 3% is pretty good for fixed-rate. people are getting used to the 2 point somethings, stu. they have been spoiled. stuart: to you and i 3% is pretty low i would say. ashley: yes. stuart: one other indicator out and that is the leading economic indicators. susan what is that? susan: likely less than we saw in the month of march. from april to march were flat, unchanged. consensus was for an acceleration of 1.4. so slightly below forecasts. may be an indication there might be a slight slowing down taking place in some aspects of the u.s. economy. stuart: all right, susan, not much impact on the market. we still have a nice gain for the nasdaq. and now this. >>> every time we get into one of these selloffs you think to yourself, should i get out now? well stocks have done very well for 13 years, except for last year's panic and the pandemic. it has been a consistent rally. if you sold in the middle of it, you may probably be regretting it. look where we are now