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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 sjg007 on Wednesday September 09, 2020 @06:47PM (#24426794)
Huh? This is nonsense. You can indeed buy a 50k house if the house appraises at that value. You can also get an improvement loan included to make it livable as well if necessary.
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