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Re:The Fed now owns nearly 1/3 of all U.S. mortgages by gbasin on Wednesday September 09, 2020 @08:49AM (#24420390)
Developers can't get FHA loans
Re:The Fed now owns nearly 1/3 of all U.S. mortgages by tialaramex on Wednesday September 09, 2020 @09:17AM (#24420663)
That's correct. Developers sell homes. The FHA loan uses government money to allow people who buy homes to pay more money for the same home, this money goes to the developers.
Re:The Fed now owns nearly 1/3 of all U.S. mortgages by toomuchtodo on Wednesday September 09, 2020 @11:22AM (#24422010)
Student loans situation, but for housing instead.
Re:The Fed now owns nearly 1/3 of all U.S. mortgages by sokoloff on Wednesday September 09, 2020 @09:06AM (#24420570)
Things that give your buyer pool more money/more access helps your selling position, even if you can’t get the money straight from the tap.