Author Archives: Timeless Investor

The future state of common securitization platform for GSEs is almost there, while Congress wouldn’t do it, so Fannie and Freddie reformed themselves. As Freddie CEO Don Layton said on its earnings call, “This is not your parents’ Freddie Mac.” So it … Continue reading →

These are must read comments of GSE documents from Richard Epstein

Small lenders want GSEs preserved – another one for pro GSEs 

Here are some anti-GSEs voices, make some sense in theory, but I am not sure whether they really are practical with so significant drastic changes in housing system?

here are great links to the in-depth commentaries of GSE’s newly discovered documents

Here are some great arguments on John Carney’s articles on Brietbart.com. Even though Carney is on Brietbart.com, obviously, he is not a fan of Trump and Trump admin.

According to Americanbanker, some lawmakers and other commenters have also called for any future government guarantee to be explicit and transparent — rather than Fannie and Freddie’s implicit guarantee — and apply only to the mortgage securities issued under a … Continue reading →

Here are some relevant links to recent discovered GSE documents

Here is latest David Stevens’s argument on MBA reform plan. I do not think it makes much sense to me.

Newly unsealed Newly-Unsealed-Mortgage-Documents reveal real reason for Fannie, Freddie profit sweep – from Housingwire. In addition, Dick Bove blasted about the givernment’s “crime” on stealing all profit from FNMA/FMCC. – This will becomes more and more known by public, government … Continue reading →