CIT to sell up to $4.2 bln mtg bonds to Freddie Mac

That's approx. $15.8 bln of bail-out money left! Better make it last, GSEs...

Of course, then there's this:

the financing may come at a cost for CIT Group. The company is keeping much of the credit risk associated with the $6 billion of underlying mortgages. It may have to keep more capital against the risk it retained