Date: May 30th, 2006

GSEs: balance-sheet turbocharging

30 May, 2006 (09:58) | GSEs |

[Third of three parts laying the groundwork for dissecting and interpreting the OFHEO's damning report on the Fannie Mae scandal.  Part 1 covers primary and secondary mortgage market; Part 2 the GSE earnings engine.] Now that we have a basic framework for assessing secondary mortgage market players, how might a GSE turbocharge its earnings?   

Alien not [...]