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Loan Modification

: Mortgage Lender Implode-o-Meter

DID THE FED JUST CONFIRM QE2 IS A BANK BAILOUT?

By Implode-Explode Heavy Industries

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Ben Bernanke has implemented QE in case he needs to buy MBS and shore up the credit markets. He wants to avoid a repeat of Q4 2008. That?s a good thing. It?s actually quite brilliant if you ask me. [Ed. note: GAG] But the fact that QE is being sold to the public as some sort of jobs creation program or Main Street stimulus is 100% nonsense.

Full post as published by Mortgage Lender Implode-o-Meter on November 18, 2010 (boomark / email).

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