Freddie Mac Bets Against Homeowners
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interesting article on dealbreaker about it too. suggests an alternate (and somewhat less evil) reason why freddie has so many inverse floaters on their books. id suggest reading it to get a view of both sides. not really sure how i feel either way about it though
http://dealbreaker.com/2012/01/freddie-mac-profits-from-the-misery-of-a…
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