Comments on: OFHEO Change Could Shrink Jumbo Market

By: jan-martin feddersen

jan-martin feddersen — Thu, 16 Nov 2006 17:19:36 +0000

i´ve found one more

from mike larson

http://interestrateroundup.blogspot.com/2006/11/ofheo-pulls-fast-one-on-loan-limits.html

shaking my head!!!!!

By: Old Mike

Old Mike — Thu, 16 Nov 2006 15:15:53 +0000

Interesting topic. As you know, I am no finance expert but..Riddle me this Commissioner Gordon: Fannie just sold $3B 10 year notes at 40 basis point below August 15, what gives…higher risk=lower yield? Ya, I know the fed stopped, but could it be the alternatives for savy, risk averse foreign money(opinion Jan?) are so much bleaker: Trump-like US auto paper at a 9 %; Chinese “party paper”;pre-confiscation paper from our new Latin friends; realtor commssion futures? Given that maple leaves get a little bulky in that quantity, could it be the US$ and old Fannie’ mortgages(even middle-jumbos) still look, correctly, like shelter from the storm?
By the way, on AOL, a top five story was the plight of “tweeners” and the double mortgage curse they share. Good piece and no, I got no idea what the URL is, which I always thought meant the Ukrainian Rugby League, sorry.

By: jan-martin feddersen

jan-martin feddersen — Thu, 16 Nov 2006 09:15:29 +0000

here is more from paper money

http://paper-money.blogspot.com/2006/11/lending-limit-legerdemain.html

By: jan-martin feddersen

jan-martin feddersen — Thu, 16 Nov 2006 09:02:41 +0000

without words……