Chris White

As Mortgage Securities Disappear, What Will Replace Them? [Housing Tracker]

I heard some computer whizz was working on packaging mortgage insecurities for resale. Naming the process "insecuritization" was found to be a problem in focus groups, it was said. Infinitely preferable were names using "relief" type words though de-stressing mortgages sounded too much like more distress.

Troubling Aspects to the GSE Bailout Bill

Thank you for posting this information in the way you did. It seems, like the Resolution on Iraq which Congress voted for, to be an Enabling Act broad enough to permit anticipated and unanticipated further problems to be addressed without further recourse to Congress for approval. Perhaps the USG, through the shells of Fannie and Freddie will be taking in the mortgage portfolios of the banks which are too big and too interconnected to fail.

It about time someone in the tech world figured out how to digitally disintermediate the country from the mess made of its finances.

Should I Buy Fannie or Freddie Stock Today?

Depends whose money it is!