San Diego Housing Market News and Analysis
Bank reserve requirements and the TAF
User Forum Topic
Submitted by barnaby33 on February 4, 2008 - 8:52am
I was hoping Davelj would comment on this thread at Tickerforum, and be able to add some commentary as tot he validity of this line of thought.
In essence what Genesis is saying here is that the banks have run low enough on deposits that they have stopped initiating loans with hard money and instead are using money borrowed from the FED, via the TAF.
~Financial Market Commentary~
*Investment advisory services and securities offered through Girard Securities, Inc., member SIPC/FINRA.
~Active forum topics~
~SD Home Price Snapshot~