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Donotunderstand

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Donotunderstand

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Re: 2dollarbill post# 793311

Monday, 05/06/2024 3:03:03 PM

Monday, May 06, 2024 3:03:03 PM

Post# of 797473
Had trouble reading but best I understand first sentence was not accurate

Freddie suggested - a month ago - that it wanted to directly loan to those whose mortgages they had information on

Banks and Wall Street will hate it - as the idea is to AVOID second bank or third pary mortgage - but to lend (yes by F and F) some portion of the equity on mortgage one !!

???

that would not be a good thing for banks and such to compete with
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