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Donotunderstand

10/20/14 11:53 AM

#258071 RE: 10bambam #258024

10

and IMO Putting aside the 97% (as PMI will somehow be involved IMO)

but focusing on the cases and situations and types of borrowers where F and F will not be able to puruse the originator if loans sour

what do you think

is this not a negative for getting private money folks to be a FandF

which is good for us equity holders - if we STRETCH and STRETCH and guess that maybe Mel and LEW and BO know this disincenive but are going ahead I Hope and wonder because F and F will be around as part if the not the largest part of future bundling and MBS production - as a non conservator private company we own

??