Billy Bowles Billy Bowles 4:22pm Sep 10 The only reason that this - TopicsExpress

Billy Bowles Billy Bowles 4:22pm Sep 10 The only reason that this is happening is because the current Government wants to acquire ALL of the US MBS, using existing resources. Once FNMA/FHLMC/GNMA own ALL of the homes (pretty much) in America, there will be no need for them and the Government will assume ownership of EVERY ASSET IN AMERICA. Also keep in mind that the investors in America’s homes will not be known because the TBA market is private.

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