Firms like WaMu are pass-thru lenders. Ease investor anxiety NOW

Implications: a) Ease investor anxiety NOW   b) Secondary Mortgage Market Investors have been worried that recent data indicate a slowing economy, which would continue to cut into potential profit growth and actual principal at some of the nation's biggest mortgage companies, and portfolios.

Analysis: The actual PRINCIPAL INVESTORS (excluding demand deposits) behind all of these pools of mortgages are deep in anxiety. Many are working out loss mitigation for bad news securitzed mortgage loans.

These investors... prop-up the ENTIRE mortgage industry... so, it's due time (and some process improvement has occurred) to provide more mortgage liquidity to the consumer by easing investor anxiety.

Risk management flags are BRIGHT RED when it comes to analysis of most pools... we MUST improve the quality of the mortgage, thereby easing anxiety and all boats will start floating up again.