Some interesting discussion of public vs. private provision of capital to US housing finance system. https://twitter.com/adamlevitin/status/682681660299698176 …
@EricyuanY @AdamLevitin it's not about why. It's about how. What mix of public-private incentives?
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@kimmaicutler@AdamLevitin it's not even about "how". Feds foot bill on MBS. At end China and Russia owns several trillions of FNM FRE debt -
@kimmaicutler@AdamLevitin private funds dip into this pool because someone back stops the debt - 1 more reply
New conversation -
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