Freefalling

Jumbo Mortgage Risk Will Topple the Teetering GSEs

Sorry Rick, but 'Left Coast' says you got skin in the game in Jumbo-land so you have a very strong bias here. Jumbo's require the ponzi scheme to keep going as not enough people make enough money to buy them all. Sad but mostly true--this was Feb, now it's July and they were both bailed out. Care to temper your opinion in hindsight?