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Bob Mitchell

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"There are really on two logical scenarios that I can see. 1. The Fed keeps borrowing $ and continues to buy MBS at lower than market rates. Soon everyone will owe the GOVERNMENT their mortgage because private investment would require a higher yield! That seems like a line out of a conspiracy movie doesnt it?? 2. SLooowwwlllyyy exit the market allowing rates to slowly rise to more palatable levels for investment banks/insurance companies. The third possible scenario - although I didnt list it because..."    View Comment
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