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midway (midway@soapbox.midwaytrades.com)'s status on Tuesday, 24-Jan-2023 07:01:40 JST midway
@sj_zero
For most mortgages, Feddie Mac and Fannie Mae can buy the loans as needed. Then there’s other programs like FHA and VA (for military).
The government basically backs most mortgages here so the banks aren’t fully dependent exposed to the risks.