What wonderful entertainment value of watching any basher / short try to grasp at anything that implies something negative. Berkowitz reducing by less than 10%? The same guy proposing solutions to FHFA? And suing as well? What's next? Maybe Watts stuttering during his Q&A session last week? Or Santelli saying the floor is falling out of housing? Maybe the actual facilities where FNMA & FMCC are located are too old and have structural issues? It's tough looking for negative press these days but it sure is entertaining watching you all squirm
Correct me if I'm wrong but, they expected the numbers to be lower, because most of the suits against the banks are done.Yes housing has slowed a bit, but that's all the more reason we need Fannie & Freddie. To sustain the recovery, and to make housing affordable for the average American.
Trying to sensationalize the bad! There you go again! If you can even provide any dd anymore, go ahead, but don't bash with silly remarks. Everyone's patience has grown thin.