CMOflowBro
@cmoflowbro.bsky.social
Fixed Income & Agency MBS trading. I dabble in sales but creating strip down REMICs is where I really shine
Fannie and Freddie do not buy any “bundled” mortgages…the term you should be using is “securitized” and they buy whole loans and “securitize” those loans into mortgage backed securities.
March 21, 2025 at 5:06 AM
Fannie and Freddie do not buy any “bundled” mortgages…the term you should be using is “securitized” and they buy whole loans and “securitize” those loans into mortgage backed securities.
Your first bullet makes no sense.
March 21, 2025 at 5:03 AM
Your first bullet makes no sense.
So they buy already “bundled” mortgages? The “govt backstop” is already in place? They do make markets yes. “Stabilizing?”
March 21, 2025 at 4:55 AM
So they buy already “bundled” mortgages? The “govt backstop” is already in place? They do make markets yes. “Stabilizing?”
It’s fucked but not illegal.
March 21, 2025 at 4:49 AM
It’s fucked but not illegal.
Explain in a concise paragraph what Fannie & Freddie do.
March 21, 2025 at 4:48 AM
Explain in a concise paragraph what Fannie & Freddie do.
“They” are not taking Fannie & Freddie.
March 21, 2025 at 4:47 AM
“They” are not taking Fannie & Freddie.