I'll have to do a deep dive for this article I read out of the WSJ about how the average credit score for GSE loans is significantly higher than before. I think a lot of people are more educated and better managing their credit score than before as well as tightening of standards. I've always found it annoying how demonized MBS are because they serve a very useful purpose. When it gets into shit like synthetic CDO's and stuff that is kinda wack but whatever who am I to tell people how to use their money. MSBs only suck when the underwriting is bad or fraudulent which it was.