AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Farm Mortgage Crisis in the U.S.
The current mortgage industry is, and has been, an 80 to 90 % loan to value ratio. And it struck me that our entire mortgage industry is com tly liquid. The fed now owns two point six trillion in mortgage backs curities because these loans have been immediately off loaded. But this structure of an 80 to90% loan tovalue ratio is is an inherently illiquid and inflexible structure That requires only number go up constantly for security for home values.