The Fed is buying agency backed paper to keep the backend markets liquid (which is Fannie and Freddie's primary mission, market liquidity, rather than affordable housing, etc..these other goals are secondary to liquidity).

June will be interesting because unless the Fed's decide to throw more stimulus money at people that first check will be gone by then in most cases. 

What really worries me as that while I am searching for the best deals the Fed is Printing more and more money!

Pigs get fed, Hogs get slaughtered! 

Selection criteria: renters earn ~3x the amount of the rental, no recent evictions, credit score 600+, no pets, tenants are responsible for snow removal, grass, utilities.  

The fed will continue to manipulate the currency to prevent it.

I believe it was in the fall, when you don't really need to cut grass too frequently, but either way, property failed. 

Cashouts in the secondary market especially backed by a Fed agency are close to nonexistent.

It will be 500k minimum up to 25 million and you qualify like a regular loan with full underwriting but it's a praticipation with the Fed. 4 year loan 1 or 3 month libor =300 basis points. 1pt servicing fee and 1 pt fee to Fed.

At this point I think it’s ahead of itself but who knows, it depends a lot on how much the Fed is willing to pump in and who they will bailout and such...