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Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label

…of CR, who posted for several years at both Angry Bear and his own blog, Calculated Risk. However, we can at least continue to enjoy his insights on real estate…

FHFA Issues Subpoenas for PLS Documents

Hat tip Calculated Risk for pointing us to the FHFA Issues Subpoenas for PLS Documents at the FHFA website. CR notes that Many of the originators of the PLS mortgages…