The steady increase in non-mortgage investments in recent years by the two government-sponsored enterprises is no cause for alarm, according to safety and soundness experts. According to OHFEO’s annual report to Congress released June 15, Fannie Mae’s total non-mortgage investments increased from $39.75 billion in 1999 to $54.98 billion in 2000 and $74.59 billion in 2001. The figures made up 6.9 percent of the company’s total assets in 1999, 8.1 percent