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"We wil put a long term bid back in the market"


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#1 IYB

IYB

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Posted 19 March 2008 - 08:41 PM

We're seeing a bit more bid today, but we have a very long way to go to get back down to "normal" risk premiums....

Statement from Daniel H. Mudd, President and CEO, FNMA
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds