Followers | 33 |
Posts | 4609 |
Boards Moderated | 0 |
Alias Born | 10/29/2011 |
Thursday, July 31, 2014 11:18:31 AM
on the Google Board:
Absurd_Trader
5:12 AM (3 hours ago)
The Federal Reserve does not want them to because it would run counter to their quantitative easing program. The companies hold a combined $1 trillion in their own securities on their balance sheets. Given where interest rates are, all of these securities are trading with unrealized gains and could be sold into the market at a profit.
In effect, the Fed is using Fannie and Freddie as part of their quantitative easing and low interest rate policy. If they were allowed to sell the portfolios, it would free $30 to $50 billion in capital to pay off their "prison bitch" credit lines. Sure would be a great way to limit taxpayer exposure. Oh wait, the Fed is putting the taxpayer at gargantuan interest rate risk from their quantitative easing program? You don't say?
The government's argument that FHFA acts independently of the Fed and the Treasury is a farce.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM