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2011-09-19 — mortgagenewsdaily.com
`` "It ought to be clear to everyone at this point that the Enterprises will not be able to earn their way back to a condition that allows them to emerge from conservatorship." So naturally, when Demarco says he'd "anticipate the Enterprises will continue the gradual process of increasing guarantee fees," it must be due to bringing the GSEs in line with what might be expected from private market solutions that must inevitably replace the the dying agencies: "current pricing for credit guarantees is less than one would likely observe in a purely private, competitive market."''
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