2011-10-05 — zerohedge.com
``The hang-up to a deal is the FHFA. The Federal Reserve has facilitated a ReFi with Operation Twist and the decision to re-invest principal proceeds from its MBS holdings back into more MBS (a significant policy change). In order to have a "party" all that is needed is to have FHFA waive both the income and asset requirements for a Refi of performing mortgages held by Fannie or Freddie.''
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