On July 11, Freddie Mac made an announcement (or threat, if you prefer) that their 10 Billion per month runoff in the retained portfolio would free up $250 million per month if not reinvested. The same, roughly, could be said of Fannie Mae. So, by doing nothing, they free up capita ...
Greenspan Hits Fannie Mae, Freddie Mac; Warns Rising Debts Will Hurt Economy
Fannie Mae, “Fannie Mae Unveils MORNETPlus on the Web; Lenders Can Now Access Automated Underwriting and Other Mortgage Transaction Services on Fanniemae.com,” Press Release, Mar. 23, 2000, 2 pgs., Fannie Mae, USA. Fannie Mae, “Fannie Mae Announces MORNETPIus Connections; Now Provides ...