the amount of bank notes that might be issued by the Federal Reserve System is not limited. That will depend entirely upon the amount of collateral that is presented from time to time for exchange for bank notes.

Looks like we found our answer as to why all mortgages are transferred to Fannie Mae and Freddie Mac immediately upon creation by loan originators.

https://www.investopedia.com/mortgage/fannie-mae-loans/

By investing in mortgages, Fannie Mae creates more liquidity for lenders, including banks, thrifts, and credit unions.

So let me get this straight, we need liquidity in the mortgage market, so we need Fannie Mae. We need liquidity in the stock market (ownership of business), so we need hedge funds.

Why is CHURN so important to these people? This whole thing can’t possibly be so stupid as to just be a giant machine to increase transaction fees, on top of the usurious interest?

Can it?

Maybe they’re trying to obfuscate real ownership so it can’t be known or verified anymore? What’s the importance of contracts being constantly moving?

the amount of bank notes that might be issued by the Federal Reserve System is not limited. That will depend entirely upon the amount of collateral that is presented from time to time for exchange for bank notes.

Looks like we found our answer as to why all mortgages are transferred to Fannie Mae and Freddie Mac immediately upon creation by loan originators.