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jwnoble3

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jwnoble3

Re: taintedfud post# 12690

Wednesday, 11/13/2013 1:02:09 PM

Wednesday, November 13, 2013 1:02:09 PM

Post# of 17802
It looks like they (Hedgies) only want the insurance. The securitization stays with F&F or gov't or co-op...etc.

Wouldn't that mean the loan loss reserves for the GSEs would follow to the new insurance co.? That is a nice windfall for the new owners.

This does look like a lowball offer.

Any news on the court proceedings yesterday?

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