'hold to maturity' is a rubbish suggestion - that means the original mortgage value - but real home prices/values have declined across the US - so Treasury is saying in effect that they will ignore the real decline in home values, and pay the fictional over-inflated maturity price had there been no decline in real home values - this is just a mechanism for 'when' they choose to accept tte real decline in housing prices - what rubbish
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be careful........ and a little game, page-42
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