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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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QE3 The end of the USA.
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Poster Handle
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khnum |
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Post Content
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"Fed will own ALL MORTGAGED PROPERTY IN THE US."
No that's not what is happening. They are buying mortgage backed securities on the mkt. At best they would buy out Fannie & Freddie. Williams said this and its not correct.
Quoting: Anonymous Coward 24625350 Freddie and Fannie have combined mortgages of $440 billion thats only 11 months till the FED owns those,this is QE to infinity I stand by my statement.
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