Tuesday, February 11, 2014

PLS is dead, MBS of F&F is only game in town

                                           2005 2006 2007 2008 2009 2010 2011 2012 2013
FANNIE,FRED&Ginnie Mae 45% 44% 62% 95% 97% 96% 98% 99% 98%
               Private Label         55% 56% 38%  5%   3%   4%   2%   1%   2%

Are they going to shut down the only game in town? I think not!!
Even the new 3 dem plan would have F&F be 33% of the market.
Around 2006 level.
Before the politicians forced F&F to start taking over for the failing Private Label.

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