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Re: CNorris2 post# 777955

Friday, 12/15/2023 6:20:41 PM

Friday, December 15, 2023 6:20:41 PM

Post# of 796330
So, like $120B in retained earnings plus a $130B Commitment from the US Treasury (I heard that they print money) isn't enough to back the credit risk of $7.6T in US residential mortgages with an average LTV of 50% with FICOS in the mid to high 700's?

There is also the Implicit Federal Government Guarantee as well.