Federal Reserve Owns 33% of US Mortgages As America Enters the Neo-Feudalism Era

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Federal Reserve Owns 33% of US Mortgages As America Enters the Neo-Feudalism Era

Submitted by Dave Hodges on Friday, September 11, 2020 - 11:55.

Federal Reserve Owns 33% of US Mortgages As America Enters the Neo-Feudalism Era

Mortgages

Jason Anderson Fri, 09/11/2020 - 13:08

Comment

No surprise here- Back in early 2000 when Maricopa Co and surrounding Metro areas had urban sprawl. Public info on issuance of building permits towards subdivision developement in New River statistically exceeded Arizona's Domestic Product for that year.This was easily calculated to fail given the fact these areas had 3 building phases to which residential houses started in phase one started at avg selling price $300,000 and generally ended at half a million. So it was easy for one to look at this with a degree of skeptism.If you were there at the time you could easily see people buying in on the poker game by qualifying for house to be built and see equity being assessed much higher before the house was even finished by builder developers.

Mortgages Az cont.

Jason Anderson Fri, 09/11/2020 - 13:29

Comment

No surprise here cont.-The delema was not limited to New River- Just simply go back to areas of Johnson Ranch and Surprise Developements. Oh yes, build it and they will come. Problem was the traditional and prudent way to pay for it.It baffled me to no reason how the Candyland Bank could Balance this Bubble.At the time there could only be so much Cali money-Pension money and "Old money" to pay for these homes as well as Commercial Real Estate attached.So when the game took an intermission in 2008-2009 Bubble Bust It was no surprise to me to hear Phoenix and Vegas Real Estate Hard Hit.Heck it was not of exception to see Bankruptcy filings with folks owning 5 homes in Johnson Ranch. Just another example of "Cooked and Fried"

Property

Dave Ross Fri, 09/11/2020 - 14:02

Comment

It once was the case that you could hold title to your property in allodium (if I spelled that correctly) when there was nothing owed on the property which would take 'your' property off the tax roles. Then your property would truly be your property. Don't know what happened to that bit of law, but would like to know, A bit of old law the government would truly hate... Dave Ross

Federal Reserve Own's 33% of mortgages

Caro WALL Fri, 09/11/2020 - 15:30

Comment

Excellent subject, which is rarely addressed! Why don't the banks own the mortgages? Do they sell them directly to the Federal Reserve? Also where does the Federal Reserve get the assets to buy all these mortgages? How does it manage them? Are there divisions of the Reserve allowing them to do this?

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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