Timeless Investor

These are must read comments of GSE documents from Richard Epstein Continue reading →

Small lenders want GSEs preserved – another one for pro GSEs  Continue reading →

Here are some anti-GSEs voices, make some sense in theory, but I am not sure whether they really are practical with so significant drastic changes in housing system? Continue reading →

here are great links to the in-depth commentaries of GSE’s newly discovered documents Continue reading →

Here are some great arguments on John Carney’s articles on Brietbart.com. Even though Carney is on Brietbart.com, obviously, he is not a fan of Trump and Trump admin. Continue reading →

According to Americanbanker, some lawmakers and other commenters have also called for any future government guarantee to be explicit and transparent — rather than Fannie and Freddie’s implicit guarantee — and apply only to the mortgage securities issued under a new system. First of all, here is my understanding of GSE’s guarantee; second of all, here are the comments from Americanbanker. I think to change GSE’s guarantee needs new legislation which may not be easy to pass. Continue reading →

Here are some relevant links to recent discovered GSE documents Continue reading →

Here is latest David Stevens’s argument on MBA reform plan. I do not think it makes much sense to me. Continue reading →

Newly unsealed Newly-Unsealed-Mortgage-Documents reveal real reason for Fannie, Freddie profit sweep – from Housingwire. In addition, Dick Bove blasted about the givernment’s “crime” on stealing all profit from FNMA/FMCC. – This will becomes more and more known by public, government can not hide their crime any more. So are we seeing the end game now? Continue reading →

when this news becomes more and more public due to the discovery, government may have no other choice but to settle with the investors, may allow FNMA/FMCC to recapitalize? Continue reading →