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Re: Mnemonic post# 604157

Monday, 04/13/2020 7:01:37 PM

Monday, April 13, 2020 7:01:37 PM

Post# of 795045

"A common gripe is that Calabria is obsessed with achieving a Trump administration goal of releasing Fannie and Freddie from the government’s grip, so he doesn’t want the companies to extend what little capital they have to prop up mortgage servicers."

Yeah, no shit. They shouldn't be throwing the capital they have out the door.




Mnemonic,
Very good point. BTW capital FnF have been retaining is not without NWS strings. For every dollar FnF retain, the SPS obligation goes up by the same amount.