Category: Uncategorized

$FNMA #FANNIEGATE What Were 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 

http://www.google.com/url?q=http%3A%2F%2Fwww.insidemortgagefinance.com%2Fimfnews%2F1_553%2Fdaily%2Fwingspan-portfolio-advisors-has-more-layoffs-in-monroe-1000031071-1.html&sa=D&sntz=1&usg=AFQjCNHLNf3aC4g_4DH0OtctBdm2QVUVFQ a month ago The issue of Fannie Mae and Freddie Mac having a tiny capital buffer hasn’t escaped the largest shareholder of the two: The U.S. Treasury Department. In…