Quote Originally Posted by xring View Post
Yes lets look at what is in MBS! How do you do that?Source? These are good MBS? So the junk MBS generated during the "housing scam" have all magically disapeared and the fed is only buying good MBS? I would guess more buying of junk by the Federal reserve to keep their crony banksand a pension fund or three afloat.
I disagree and agree. Junk MBS are on their way out if not out already. However, we are in 'fair market price range' right now, the Fed/Obama Administration is about to inflate the housing price again... In the next bubble housing market burst, banks won't lose money - the taxpayers will!