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A comment on The Fed now owns nearly 1/3 of all U.S. mortgages. Parent comment

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.
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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.
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