Tuesday, November 14, 2017 11:54:34 AM
Like there needs to be some connection to understanding why what they're allowing is so fucked up.
they're rather self congratulate and not actually understand the circumstances of the case at hand. It is sickening and probably not end well for anyone involved.
it is very clearly, to me, the government working in tandum, to keep the GSEs as a income line item for the very close to BK US Treasury.
I wouldn't lend to someone with a DTI of 100% - but that's what the US of A nearly has!
but somehow they only have to pay 2.84% on 30 year debt, perhaps because they're both issuing debt and using those proceed to purchase the debt they just issued or stocks or agency MBS in an effort to distort and kick the can down the road!
I thought fundamental analysis was based in reality, sadly my CFA studies mislead me from what actually happens. CAPM is hard with the RFR is negative!
everything is fake.
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