Talking about US mortgages without referring to the FDIC guarantees shows that t... | Hacker News

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laylower 5 months ago | parent | context | favorite | on: Mortgages are a manufactured product (2022)

Talking about US mortgages without referring to the FDIC guarantees shows that the writer is not actually knowledgeable.

lotsofpulp 5 months ago [–]

What does the FDIC have to do with mortgages?

Isn’t almost all mortgage debt immediately sold to the government (Fannie Mae/freddie Mac/ginnie Mae)?

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