As part of the coronavirus stimulus action, the Fed bought $250 billion worth of mortgage-backed securities in a space of two weeks. For perspective, that dwarfs the amount they bought during the housing crisis by $80 billion.
Now mortgage bankers face bankruptcy
By flooding the market with money, the Fed forced down rates. Problem is, that just blew up the hedge.
Mortgage bankers are now getting margin calls and need to pay tens of millions of dollars to meet them. Even well capitalised lenders are on the brink of going under because of it.
Now mortgage bankers face bankruptcy
By flooding the market with money, the Fed forced down rates. Problem is, that just blew up the hedge.
Mortgage bankers are now getting margin calls and need to pay tens of millions of dollars to meet them. Even well capitalised lenders are on the brink of going under because of it.
42 test positive for COVID-19 at Whidbey Island nursing home | HeraldNet.com
https://www.heraldnet.com/news/32-test-positive-for-covid-19-at-whidbey-island-nursing-home/?fbclid=IwAR1CeqUhM8DhdeFo22qhL1dXljyKE_g7qAJEK2s08pdbO7E0Mog-sz5p17k
https://www.heraldnet.com/news/32-test-positive-for-covid-19-at-whidbey-island-nursing-home/?fbclid=IwAR1CeqUhM8DhdeFo22qhL1dXljyKE_g7qAJEK2s08pdbO7E0Mog-sz5p17k
HeraldNet
42 test positive for COVID-19 at Whidbey Island nursing home
The Coupeville facilityโs 49 residents and 100 staff members have all been tested for the virus.
Forwarded from Red (McAfee didn't kill himself) Pillster
OakTown โข Unfiltered (@hrtablaze) Tweeted:
This is East Oakland in the middle of a Pandemic with strict shelter in place orders.
When the virus spreads in the Bay Area like a wildfire, will they blame President Trump for this?
https://t.co/HkGstNRbaE https://twitter.com/hrtablaze/status/1244664048475492352?s=20
This is East Oakland in the middle of a Pandemic with strict shelter in place orders.
When the virus spreads in the Bay Area like a wildfire, will they blame President Trump for this?
https://t.co/HkGstNRbaE https://twitter.com/hrtablaze/status/1244664048475492352?s=20
Twitter
Stanley Roberts
Let's check in on #EastOakland to see how that #shelterinplace is going. ๐คฆ๐พ๐คฆ๐พ I guess we can add this as reason #40 why aliens ๐ฝ will never invade earth ๐ Courtesy: #dnastee on @instagram https://t.co/JLNcHLgxEN
Suspected SARS virus and flu germs found in luggage: FBI report describes China's 'biosecurity risk'
https://news.yahoo.com/suspected-sars-virus-and-flu-found-in-luggage-fbi-report-describes-chinas-biosecurity-risk-144526820.html
https://news.yahoo.com/suspected-sars-virus-and-flu-found-in-luggage-fbi-report-describes-chinas-biosecurity-risk-144526820.html
Yahoo News
Suspected SARS virus and flu samples found in luggage: FBI report describes China's 'biosecurity risk'
An FBI report about Chinaโs involvement with scientific research in the U.S. has raised alarms. While the report refers broadly to foreign researchers, all three cases cited involve Chinese nationals.
Daily Caller (@DailyCaller) Tweeted: Tucker Carlson rips the WHO for doing China's bidding:
"In the middle of a global pandemic, they are refusing to help a country [Taiwan] because China told them not to. And then the World Health Organization... is boldly without shame repeating Chinese government propaganda" https://t.co/tkRABgkHG2 https://twitter.com/DailyCaller/status/1244794024910901249?s=20
"In the middle of a global pandemic, they are refusing to help a country [Taiwan] because China told them not to. And then the World Health Organization... is boldly without shame repeating Chinese government propaganda" https://t.co/tkRABgkHG2 https://twitter.com/DailyCaller/status/1244794024910901249?s=20
Twitter
Daily Caller
Tucker Carlson rips the WHO for doing China's bidding: "In the middle of a global pandemic, they are refusing to help a country [Taiwan] because China told them not to. And then the World Health Organization... is boldly without shame repeating Chinese governmentโฆ
Very interesting:
Larry Sanger.
Principal, Sanger Consulting. Knowledge Standards Foundation; ex-founder, Wikipedia, etc. Ph.D. in Philosophy. Long gone from WP.
tweeted the following about child abuse etc.:
https://threadreaderapp.com/thread/1244733672240054275.html
Larry Sanger.
Principal, Sanger Consulting. Knowledge Standards Foundation; ex-founder, Wikipedia, etc. Ph.D. in Philosophy. Long gone from WP.
tweeted the following about child abuse etc.:
https://threadreaderapp.com/thread/1244733672240054275.html
Threadreaderapp
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