Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||The Real Story Behind Freddie Mac's NY Game; entered at 2008-08-13 09:47:20|
I have RELIABLE charts and information that I cannot publish unfortunately showing|
BOTH FRE AND FNM are taking 7-15x more loan deliveres in the 2-months periods preceding EACH of the two premium hikes.
This is what happens when you announce price adjustments 3 months in advance and it takes 2 weeks using modern technologies to close loans, at most.
THAT is exactly why THERE WON'T BE ANY MEANINGFUL IMPROVEMENT of 2008 loans relative to 2006-2007 because the credit standard is still F*ed.