Maybe BAC halts foreclosures because they know the Fed will buy the mortgages?

Discussion in 'Economics' started by crgarcia, Oct 10, 2010.

  1. crgarcia

    crgarcia

    They know there are no buyers on the free market.
    Maybe they know the Fed will buy the mortgages, as part of the announced fed measures?

    Remember they made big political campaign contributions.
     
    #1     Oct 10, 2010
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  2. Range Rover

    Range Rover

    I remember Mccain promised to do this if he were elected

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    #2     Oct 10, 2010
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