Redwood Officials Don’t Expect Much Company In Jumbo MBS While GSEs Dominate Market
June 4, 2010
The best thing government policymakers could do to revive the non-agency MBS market would be to begin reducing the conforming loan limit that has given Fannie Mae and Freddie Mac access to a vast swath of the jumbo market, according to officials at Redwood Trust.Although Congress and the Obama administration are still researching options for resolving the...