Fannie Mae-No Politics (FNMA)

[Demar]

...Quote of the day...

Reagan Republican

"The GSEs have massive information, skills, systems and efficiencies. They also have an incredibly profitable core business. If you want to shutter the GSEs because they lost a ton of money (for which the government will be repaid), remember that they did not lose the money on their core prime business."

Scott Simon

retired in May after 29 years of trading all types of mortgage backed securities, the last 13 years spent as head of mortgage-backed securities at Pacific Investment Management Company.

http://www.americanbanker.com/bankthink/how-i-learned-to-stop-worrying-and-love-the-government-guarantee-1060836-1.html



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