“People make their wealth out of one investment. People keep their wealth by diversifying their investments.” Owning mortgage servicing rights has created wealth for many companies, and STRATMOR’s current blog is, “Those Monthly Payments Go Somewhere.” I am glad that all my 401(k) isn’t in Agency shares: Fannie Mae’s stock is down 42 percent this year, and Freddie’s is down 45 percent. Although there is a steady stream of informal communication, things have been somewhat quiet formally from the Director of the Federal Housing Finance Agency Bill Pulte and the FHFA...