Notes From Underground: Bill Gross calls for “full nationalization”of the mortgage finance system

Full nationalization protects not only questionable assets but also removes the US's inflationary activities from plain view.

Now as the largest holders of MBSs next to the FED, he is openly calling for outight government control of the mortgage market because Gross doesn’t believe there is room for the private sector. Yes, he is correct if the mortgage market reverts to NINJA loans and other zero-down types of nonsense.

Source: yrah53.wordpress.com