In this thread, we will discuss the Housing Bubble 2.0 and the potential collapse of the mortgage finance system. (1/n)
.
.
.
. https://twitter.com/TheBubbleBubble/status/1245416421565304832">https://twitter.com/TheBubble...
.
.
.
. https://twitter.com/TheBubbleBubble/status/1245416421565304832">https://twitter.com/TheBubble...
The explanation for the terms is in the investopedia link in this thread.
.
.
.
. https://twitter.com/Nouriel/status/1243790651155775488">https://twitter.com/Nouriel/s...
.
.
.
. https://twitter.com/Nouriel/status/1243790651155775488">https://twitter.com/Nouriel/s...
https://www.bloomberg.com/news/articles/2020-04-02/u-s-holds-off-on-extending-virus-aid-to-mortgage-servicers">https://www.bloomberg.com/news/arti...
https://www.investopedia.com/ask/answers/100314/whats-difference-between-mortgage-lender-and-mortgage-servicer.asp">https://www.investopedia.com/ask/answe...
Looking at the recent employment report, its seems likely the fears mentioned above may come true.