It's kinda funny that the judges don't understand what they're ruling on, and then expect us all to hold their ruling as the law and in high regard. Read the Feb 21st ruling and then Fiderer's takedown of it. It's like they expect us all to just shut up as they make the rules regardless of what is legal, moral, and just. And that is the fucking JUSTICE system. What in the actual fuck is going on.
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.