% mortgages NOT held by banks

Discussion in 'Economics' started by jjf, Feb 17, 2009.

  1. jjf

    jjf

  2. hmmm, so $5T of the $15T mortgages outstanding are owned by major financial institutions.

    It would be interesting to know what % of the $15T are now fancy slice-and-dice, no-one-really-knows-the-owner mortgages, and who holds them.