Sorry FOFreddie. After reading Howard’s recent article I tried to research what I could about CRTs. I had very little success. I checked to see who wrote favorably about them. I assume these companies or their affiliates sell CRTs to their clients. Freddie Mac’s former CEO also wrote a favorable article. I checked to see if he was working for one of these companies. He isn’t. The same search indicated that he is invested in two companies that sell/invest in MBS (and I assume CRTs).
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