The Fed guys have made their intent clear – Frannie is going away and they intend to push the entire mortgage industry over to the private markets. Attempting to get them to change course this late in the game is an exercise in futility. They’re trying to bury the fact that they caused Frannie to [...]
Read more
Archive | February, 2011
GSE Reform – A Fast, Practical Solution – By Rick Baron
We don’t need to re-create the wheel nor do we want throw the baby out with the bath water. We only need to change and repair the business model. It’s as if we spent 25 years building a state-of-the-art computer to connect lenders to investors and enhance market liquidity. But like most folks in the [...]
Read more
February 18, 2011
