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by hd95489 1186 days ago
Banks only do community and jumbo in the us. Most mortgages are owned by the federal government
1 comments
roflyear 1186 days ago
The federal government originates mortgages? TIL
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alxmng 1186 days ago
Apparently the Fed owns 1/3 of all mortgage bonds.
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alxmng 1186 days ago
https://mishtalk.com/economics/the-fed-now-owns-nearly-one-t...

… and ~25% of the Feds entire balance sheet is mortgage securities.

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roflyear 1185 days ago
They don't originate those loans.
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