Home » Short Takes: Approaching $2.1 Trillion in Guarantees / More Secure Than the Other? / Calabria’s Message? / Bob and Bert Were There / Citi’s $30M OREO Problem
Short Takes: Approaching $2.1 Trillion in Guarantees / More Secure Than the Other? / Calabria’s Message? / Bob and Bert Were There / Citi’s $30M OREO Problem
Keep in mind that, Ginnie MBS is back-stopped by the full faith and credit of the U.S. government. By comparison, Fannie Mae/Freddie Mac MBS carry an “implied” guarantee.