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The point is that the Fed isn't classifying those things. "Ordinary" includes all primary mortgages, whether for a modest home or a luxury pad. It includes all
by rohansingh 2y ago
The point is that the Fed isn't classifying those things. "Ordinary" includes all primary mortgages, whether for a modest home or a luxury pad. It includes all personal car payments, whether for a shared Honda or a Maserati.