Lessons Learned From Mortgage Market Turmoil

[moh malekpour]

http://www.ofheo.gov/media/PDF/JBLChicagofed51608.pdf

 

[Randolph Kinney]

Good document. Now if any one reads that, comprehends, they would not be buying GSE equity securities. Negative equity?

It should be obvious that losses will continue rising on the GSEs portfolio.