Will CalSTRS or PERS loans come back?

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January 30 - Los Angeles
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Answers (2)

Profile picture for AC4mortgage
On top of what Jeff said, the State of CA is broke and the PERS pension fund has taken massive losses due to poor hedges over the last decade. There's no money for them to hedge in MBS when they have to compete with the GSE's.
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February 03
Profile picture for Jeff Grenz
Doubtful.  These entities cannot compete with the federal GSEs (government subsidized entities) Fannie Mae, Freddie Mac, FHA.
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January 30
 

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