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Tim Geithner tells the Senate Banking Committee he expects a detailed plan on the...

Tim Geithner tells the Senate Banking Committee he expects a detailed plan on the administration's oft-rumored mass refinance idea within weeks. Mortgage REITs - NLY, CIM, HTS - have gotten beaten down recently, at least partly on fears they could be left holding cash instead of higher yielding MBS should a wave of refis take place.
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Comments (2)
  • Lint
    , contributor
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    The Nanny State knows no boundaries...
    6 Oct 2011, 03:10 PM Reply Like
  • Mad_Max_A_Million
    , contributor
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    If Mussolini could make the Italian trains run on time, Turbo-Tax Timmy can type enough zeroes on the end of his checks to make just about any problem go away. Timmy can add six zeroes faster than Chicago's Big Al could empty a Chicago Typewriter, LOL.
    6 Oct 2011, 03:28 PM Reply Like
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