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Re: Fannie/Freddie-Thoughts on Don Layton’s “Living Will” Paper.
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Re: Fannie/Freddie-Thoughts on Don Layton’s “Living Will” Paper.

Michael Kao's avatar
Michael Kao
Feb 05, 2021
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Kaoboy Musings
Kaoboy Musings
Re: Fannie/Freddie-Thoughts on Don Layton’s “Living Will” Paper.
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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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