Re: Fannie/Freddie-Thoughts on Don Layton’s “Living Will” Paper.
This paper is a must-read; imho, it reinforces my primary GSE thesis: Receivership is NOT an option because TINA (There Is No Altnernative.”
The full paper is here:
https://www.jchs.harvard.edu/sites/default/files/research/files/harvard_jchs_fhfa_living_will_rule_layton_2021.pdf
I’ve believed from the outset in the TINA thesis, which is why JPS represent “…
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