Replies to post #101242 on Zeev's Turnips Patch-No Politics (ZEEV)

[inthehills]

mlsoft, credit card issuers 20%. remaining 80% to your favorite team.

[federal reserves]

Misoft> the inflows from refi's

are drying up.

Impact on money supply is heavy if there are no cash outs.

I think most folks are refinancing at balance with no cash outs and there is less and less refinancing.

AG is going to have to turn on the coupon passes to keep it going.