what would happen if Freddie Mac…

[kev374]

..becomes insolvent. Good read here:

http://www.portfolio.com/views/blogs/market-movers/2007/11/23/what-happens-if-freddie-mac-becomes-insolvent

with some good stats of Freddie Mac’s portfolio

[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[patientrenter]

Kevin, this seems a fun but very academic topic.

I think everyone assumes that the GSEs really are “too big to fail”. The public discussion of the silent but assumed federal government guarantee of their debts (and support for their role in propping up home prices) is widespread and never denied by Congress. What are the odds that a majority in Congress will vote to pull the plug on the GSEs? A majority of voters want home prices to stay as high as possible, so I’d say it’s as close to zilch as you can get in politics.

Patient renter in OC

[TheBreeze]

What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.

[patientrenter]

TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.

Patient renter in OC

[patientrenter]

TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.

Patient renter in OC

[patientrenter]

TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.

Patient renter in OC

[patientrenter]

TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.

Patient renter in OC

[patientrenter]

TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.

Patient renter in OC

[TheBreeze]

What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.

[TheBreeze]

What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.

[TheBreeze]

What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.

[TheBreeze]

What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.

[patientrenter]

Kevin, this seems a fun but very academic topic.

I think everyone assumes that the GSEs really are “too big to fail”. The public discussion of the silent but assumed federal government guarantee of their debts (and support for their role in propping up home prices) is widespread and never denied by Congress. What are the odds that a majority in Congress will vote to pull the plug on the GSEs? A majority of voters want home prices to stay as high as possible, so I’d say it’s as close to zilch as you can get in politics.

Patient renter in OC

[patientrenter]

Kevin, this seems a fun but very academic topic.

I think everyone assumes that the GSEs really are “too big to fail”. The public discussion of the silent but assumed federal government guarantee of their debts (and support for their role in propping up home prices) is widespread and never denied by Congress. What are the odds that a majority in Congress will vote to pull the plug on the GSEs? A majority of voters want home prices to stay as high as possible, so I’d say it’s as close to zilch as you can get in politics.

Patient renter in OC

[patientrenter]

Kevin, this seems a fun but very academic topic.

I think everyone assumes that the GSEs really are “too big to fail”. The public discussion of the silent but assumed federal government guarantee of their debts (and support for their role in propping up home prices) is widespread and never denied by Congress. What are the odds that a majority in Congress will vote to pull the plug on the GSEs? A majority of voters want home prices to stay as high as possible, so I’d say it’s as close to zilch as you can get in politics.

Patient renter in OC

[patientrenter]

Kevin, this seems a fun but very academic topic.

I think everyone assumes that the GSEs really are “too big to fail”. The public discussion of the silent but assumed federal government guarantee of their debts (and support for their role in propping up home prices) is widespread and never denied by Congress. What are the odds that a majority in Congress will vote to pull the plug on the GSEs? A majority of voters want home prices to stay as high as possible, so I’d say it’s as close to zilch as you can get in politics.

Patient renter in OC

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