Timeless Investor

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. Continue reading →

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 new system. First of all, here is my understanding of GSE’s guarantee; second of all, here are the comments from Americanbanker. I think to change GSE’s guarantee needs new legislation which may not be easy to pass. Continue reading →

Here are some relevant links to recent discovered GSE documents Continue reading →

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

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 can not hide their crime any more. So are we seeing the end game now? Continue reading →

when this news becomes more and more public due to the discovery, government may have no other choice but to settle with the investors, may allow FNMA/FMCC to recapitalize? Continue reading →

Another big advocate of Preservation and recapitalization of GSE. It seems like more and more pressure is now on the agenda of GSE reform. Quite positive for the stock of FNMA and FMCC. Continue reading →