Former 'Oracle of Wall Street' proposes injecting $3 trillion into the US economy through mortgage market changes
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#073ea4f7 ver:0.08
Former 'Oracle of Wall Street' proposes injecting $3 trillion into the US economy through mortgage market changes. By allowing homeowners to borrow against their home equity, Freddie Mac could put $1 trillion into consumers' wallets by summer and $2 trillion by autumn. If Fannie Mae and Ginnie Mac follow suit, the potential stimulus could reach $3 trillion, boosting the economy without adding to the national debt. However, concerns about inflation and timing are raised. #economicstimulus #mortgagemarket #USrecovery...
#newstr #UsEconomy #MortgageMarket #EconomicStimulus
https://here.news/story/073ea4f7?ver=0.08
Former 'Oracle of Wall Street' suggests injecting $3 trillion into the US economy through mortgage market changes
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#073ea4f7 ver:0.06
Former 'Oracle of Wall Street' suggests injecting $3 trillion into the US economy through mortgage market changes. By allowing Freddie Mac, Fannie Mae, and Ginnie Mac to enter the secondary mortgage market, homeowners can borrow against their home equity, providing an economic boost without adding to the national debt. #EconomicStimulus #MortgageMarket #USRecovery...
#newstr #UsEconomy #MortgageMarket #EconomicStimulus #FreddieMac #FannieMae #GinnieMac #HomeEquityLoans #Inflation
https://here.news/story/073ea4f7?ver=0.06
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
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#073ea4f7 ver:0.05
Investing expert suggests injecting $3 trillion into the US economy by reforming the mortgage market, benefiting borrowers and increasing wages. Eliminating the mortgage interest deduction could support affordable housing initiatives and reduce income inequality. Tax experts caution that remote workers bear expenses without tax deductions. Meredith Whitney proposes injecting $3 trillion into the economy by allowing mortgage finance giants to enter the secondary mortgage market, providing stimulus without adding to government debt. #economy #mortgagemarket #taxdeductions #stimulus...
#newstr #UsEconomy #MortgageMarket #Stimulus #FreddieMac #FannieMae #GinnieMac #Inflation #HomeEquityLoans
https://here.news/story/073ea4f7?ver=0.05
Reforming the Mortgage Market to Inject $3 Trillion into the U.S. Economy
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#073ea4f7 ver:0.04
Reforming the mortgage market could inject $3 trillion into the US economy, benefiting borrowers and increasing wages. The mortgage interest deduction is seen as a debt subsidy for the wealthy and should be eliminated to support affordable housing and reduce income inequality. Remote workers often bear expenses without tax deductions, while self-employed individuals can claim deductions for home-related expenses. By reforming the mortgage market, $3 trillion could be injected into the economy without federal spending, benefiting older Americans and providing a stimulus without adding to government debt. #MortgageMarket #EconomicStimulus #TaxDeductions #AffordableHousing #IncomeInequality...
#newstr #Inflation #MortgageDebt #Wages #Lawsuit #TomatoTradeAgreement #FinancialMarkets #CdRates #RetirementIncome #LongtermCareInsurance #S&p500 #MortgageInterestDeduction #HousingMarket #WorkFromHomeTaxBenefits #UsEconomy #MortgageMarket #Stimulus #HomeEquityLoans
https://here.news/story/073ea4f7?ver=0.04
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