And a lot of conforming mortgages are held by government-sponsored enterprises like Fanny Mae. Key point those asset holding companies don't have to deal with p

And a lot of conforming mortgages are held by government-sponsored enterprises like Fanny Mae. Key point those asset holding companies don't have to deal with profit and losses like ordinary investment businesses. https://en.wikipedia.org/wiki/Fannie_Mae https://en.wikipedia.org/wiki/Fannie_Mae