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Re: BigBenWallace post# 170153

Thursday, 01/16/2014 4:12:16 PM

Thursday, January 16, 2014 4:12:16 PM

Post# of 797270
BigBen, those are great questions that I do not have the answer to. Perhaps somebody more versed in business/legal work can answer that.

So, it looks like Ginnie Mae is proposed as the new Fannie/Freddie, aside from 5% private capital down to protect taxpayers moving forward. Why not just allow Fannie/Freddie to put down 5% and call it done? Political spin I suppose...