Bank of America CEO Brian Moynihan says that in the event of a Freddie/Fannie IPO, the backing of the U.S. government – the so-called "guarantee" – would help keep mortgage rates steady. “Secretary Bessent knows it, that guarantee helps keep that mortgage rate down, but also provides a 30-year mortgage,” Moynihan tells @margbrennan. “Because now, when you make a mortgage loan without a government guarantee for a borrower who may be on the qualification levels there are more advantageous to borro