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Radical Transparency for the Mortgage and Real Estate Industries
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More Texas Hold’em With Freddie

Started by JeffX · 11 months ago

The Fannie Mae and Freddie Mac poker game is progressing…their chip stacks have diminished substantially but Freddie appears to be calling in a credit marker from the House…

We’ve seen The Flop…which may have been initiated by the Financial Accounting Standards Board almost 6 months ago.
From yesterdays post:

If ... Continue reading »

2 comments

  • $10B is a drop in the bucket compared to the capital they'll need over the next couple years. Why anyone would buy their stock given the unbelievably massive dilution that is going to take place is beyond me.
  • Here goes....everything. How this plays out will be absolutely fascinating...

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