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Tuesday, April 21, 2020 12:42:29 PM
Over the last 10 to 12 years, the GSE were made to alter their process and transfer risk and enhance the quality of their books etc to make sure or at least we were told to make sure that Fannie Mae doesn't have to bail out money in the future..the new way of operating etc
So the next crisis comes, nobody even wants to question what was done in the last 12 years and why is it happening again.
Total BS happening with wstreet. It always comes before anything and everything even if you're right they will make you do the wrong thing for the global good of the market..
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