Home » What We’re Hearing: Who Needs Capital? Not Fannie and Freddie / Oh, and Financial Armageddon / Time to Test the CSP? / PennyMac's No Downpayment Mortgage / OGI Rolls Out Piggyback Loans / More Layoffs at Wingspan
What We’re Hearing: Who Needs Capital? Not Fannie and Freddie / Oh, and Financial Armageddon / Time to Test the CSP? / PennyMac's No Downpayment Mortgage / OGI Rolls Out Piggyback Loans / More Layoffs at Wingspan
If Fannie and/or Freddie have a negative net worth, investors wouldn’t buy their MBS and if investors don’t buy their MBS we would have financial Armageddon…