They can't even take care of this crap.
http://www.reuters.c...mv7JTJ8WoGus.97
Needless to say, we will never know the NAMES of the people in the institutions behind this.
And how could there be mortgage losses when the Fed is still buying a butt load of mortgages every other week whether they are good or not.
http://www.reuters.c...N0TE2MC20151125
Anything the Fed says or does in my opinion is theater - I don't think they know what they are doing - and I don't trust any reports that they are not still adding liquidity to the system - probably from profits they are making off of current mortgages that they own. Just don't know who is getting the money and if they are dumping it into the markets when they start to move back to normal pricing. When they are willing to fund a new prison system for all the economic terrorist crooks out there, I might start to give them some credibility.