ICE and its Black Knight Acquisition…more to the story

Who will buy mortgages?

From a friend…

Interest rates matter but a broken bond market matters too. There is a role for government during a market failure, but government as the only buyer over 10 years is a national liability and a failure of imagination.

Bernanke’s defining question remains – what’s this stuff worth? When there are no willing buyers you don’t know. ICE can solve that problem and Realtors can be part of the solution.

https://ahahome.org/opinion-who-will-buy-the-mortgages/

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