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Mortgage Companies Cash in on Pandemic Relief

Audio Mises Wire

Tags U.S. Economy

07/09/2021Doug French

“Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.”

Original Article: "Mortgage Companies Cash in on Pandemic Relief"

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Author:

Doug French

Douglas French is former president of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.

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