• Thursday, January 25 2018 at 7:02 AM
    Jim Parrott, owner of Falling Creek Advisors, “To the degree it’s different, it’s not more conservative, just more of a departure from the status quo.” Really? What kind of Orwellian double speak is that. The fact is that Senate GSE reform is tracking right where Wells and Wall Street want it to track. So far we are just hearing warmed over Corker/Warner. You can put lipstick on a pig and comb its hair to make it look pretty - its still a pig.
  • Wednesday, January 24 2018 at 4:48 PM
    Nothing is likely to occur until the common securitization platform is a reality - 2019 at earliest (due to Fannie Mae kicking and screaming). Next for these wards of state is receivership - new security can occur through existing FHLB framework to fulfill Hoover's original purpose of housing liquidity. In the interim there is no reason for Fannie and Freddie executives to receive compensation beyond government pay scale - none!