• Posted by H. s
    Thursday, March 15 2018 at 8:20 AM
    Why does David stevens harp on Govt. Guarantee so much and not talk about PLMBS failure? and who caused PLMBS failure? (of course TBTF big banks). So now no one trusts and buys PLMBS because banks committed fraud and now David Stevens want govt. to guarantee so it makes it easier for TBTF Large banks.
  • Posted by H. s
    Thursday, March 15 2018 at 8:18 AM
    Whats David stevens problem with GSE as a utility model. They will keep there intellectual property (CSS) and they will be a low risk business with regulated return on capital?
  • Posted by H. s
    Thursday, March 15 2018 at 8:16 AM
    Why Does David Steven not disclose the names of potential 4-5 guarantors that will be created by his bill? Bcoz that will give away his plan and make crystal clear that Gainers will be Wells Fargo and other big banks and losers will be american home buyers.
  • Posted by H. s
    Thursday, March 15 2018 at 8:14 AM
    So Lets get David Stevens/Corker 2.0 bill (not Warner bill because he has not supported it yet) 1. Govt. Provides explicit Guarantee to securties 2. Securities are created by GSE infrastructure called CSS. And who gets to benefit from all this for doing nothing? Ahhh!! the Wells Fargo and other big banks (as the David Stevens bill call for only 4-5 more guarantors)
  • Posted by Bill Maloni
    Wednesday, March 14 2018 at 11:51 PM
    My friend David and the MBA have been on so many sides of the GSE issue that my head spins keeping up with them. His feigned crocodile tears over small community banks won't shake the belief that the MBA only cares about their larger commercial bank members. The MBA fear is that Congress--with other priorities--won't have time to work on Fannie/Freddie matters leaving it to a more thoughtful approach through some Treasury or Federal Housing Finance Agency (FHFA) regulatory directive.
  • Posted by Common Sense
    Wednesday, March 14 2018 at 1:45 PM
    Brought to you by the cowards who don't want to have any skin in the game when the "safe" loans they make go bad.