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PennMilitia

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PennMilitia

Re: Viking61 post# 710082

Wednesday, 02/02/2022 10:17:37 AM

Wednesday, February 02, 2022 10:17:37 AM

Post# of 800653
They are buying-back CRTs and then issuing more

This is a mindless process and is a never-ending loss of money to Fannie and Freddie.

My question to you why buy back poor performing debt and then issue more of the same like ST wants them too ?

Sure the whole process makes somebody else more liquid but what about the GSEs as it relates to building Capital.
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