Friday, October 13, 2023 2:32:41 PM
The Guest was saying that Fed may now have the GSEs to start buying the MBS's again like in 2007 as the Mtg rates have to be brought down by at least 100 Basis points to avert Recession and Save the Regional Banks and then Evans said that would need the GSEs to be 'Out of Conservatorship' and the Guest Did not Contest that Statement, ie., he was in agreement and going along with with her....
Also, in the same segment, another Guest that appeared before this guest said Fed /UST needs to do a TARP-2 to take off the 'under-water' Treasury Bonds from Regional Banks' books that bought those US Treasuries from the Fed in the First Place because they are 'Required' by the Fed to Buy them!.
GLTA!
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