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September 7, 2008 at 12:59 PM in reply to: Uncle Sam is going to take over Fannie Mae and Freddie Mac #267318September 7, 2008 at 12:59 PM in reply to: Uncle Sam is going to take over Fannie Mae and Freddie Mac #267628coxappleParticipant
Impact
As I understand it
1) Interest rates on Frannie connected mortgages will fall as Frannie will pay less to borrow in the market.
2) Frannie will temporarily buy more mortage backed bonds; presumably new ones. So this will help supply.BIG Question ( as alluded to above). Will Frannie tighten conditions. I can’t see anything written about that. If acceptance terms stay the same, then taking into account all the above, will it not be positive for the market???
September 7, 2008 at 12:59 PM in reply to: Uncle Sam is going to take over Fannie Mae and Freddie Mac #267597coxappleParticipantImpact
As I understand it
1) Interest rates on Frannie connected mortgages will fall as Frannie will pay less to borrow in the market.
2) Frannie will temporarily buy more mortage backed bonds; presumably new ones. So this will help supply.BIG Question ( as alluded to above). Will Frannie tighten conditions. I can’t see anything written about that. If acceptance terms stay the same, then taking into account all the above, will it not be positive for the market???
September 7, 2008 at 12:59 PM in reply to: Uncle Sam is going to take over Fannie Mae and Freddie Mac #267551coxappleParticipantImpact
As I understand it
1) Interest rates on Frannie connected mortgages will fall as Frannie will pay less to borrow in the market.
2) Frannie will temporarily buy more mortage backed bonds; presumably new ones. So this will help supply.BIG Question ( as alluded to above). Will Frannie tighten conditions. I can’t see anything written about that. If acceptance terms stay the same, then taking into account all the above, will it not be positive for the market???
September 7, 2008 at 12:59 PM in reply to: Uncle Sam is going to take over Fannie Mae and Freddie Mac #267535coxappleParticipantImpact
As I understand it
1) Interest rates on Frannie connected mortgages will fall as Frannie will pay less to borrow in the market.
2) Frannie will temporarily buy more mortage backed bonds; presumably new ones. So this will help supply.BIG Question ( as alluded to above). Will Frannie tighten conditions. I can’t see anything written about that. If acceptance terms stay the same, then taking into account all the above, will it not be positive for the market???
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