…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…

…to untangle those writers’ writings and conversations. Going a step further, I’d recommend favoring one definition/meaning as the default that we can all agree on: fixed-price assets. IOW “cash” broadly…

…Lambert at CorrenteWire on June 16th, but already seems to be assumed to be familiar to the sites readership Cat Food Commission is strategic default by the rich. I’ll be…

…purchasing companies] were known as “leveraged-buyout operators.” But LBO became a bad name. … Their new label became “private equity,” a name that turns the facts upside-down: A purchase of…

…other part of the financial market. So you have a two-tier financial system, and then you have a series of issues that I would put in a general label of…

…the Freedom of Information Act. ‘All government data should be default public for maximum transparency.’” But now Trump has given DOGE a designation that means none of its documents, communications,…