Mortgage Market Chart Pr0n

[profette_IHB]

"THE private mortgage market in the United States — almost moribund in the wake of the subprime crisis that bankrupted some lenders last year — is showing small signs of revival.In the first quarter of this year, there were $116 billion in private mortgage loans, loans not issued or insured by the federal government or a government-sponsored entity..." MORE

 

[no_vaseline_IHB]

Are they double diping and charging PMI while dumping the notes on Freddy and Fannie? Somebody had to book that action.

After my donkiness of late, I'm trying to not look totally stupid, but I really don't know.