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by Dismal-Jellyfish
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Smoothbrain take;
Housing loans are treated as securities/assets. There are rules about how that works.
They’re moving risky shit(calls/puts, loans/intrest) from ‘you just need a deposit’ to yall better have fucking cash.
They’re also revising the every day check of “yo shit good? you got enough cash?” (likely increasing required amount) and adding a fee if you aren’t.
Again smoothbrain.
See also Mester: MBS sales could mean market losses for Fed
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