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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (109149)3/11/2008 7:33:44 PM
From: Smiling BobRead Replies (2) of 306849
 
If the ratings agencies aren't clear as to the quality of these MBS, why would the Fed be qualified? Collateral should have some liquidation value.

What happens a few months down the road if all the collateral is found to be contaminated? This stuff is a long way from sound
MBS are backed by depreciating RE. Some more than others and some even heading for a meeting with a bulldozer. Not exactly what the Fed should be pawning America's future with. So either the Fed calls the Tbills and we're back to where we started or we just continue to feel relieved every 28 days.
Can't we just get the results from an EPT?
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