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The repo is for the borrower of securities a reverse-repo, and he is willing to participate in this market because he is able to get a return repo-rate through this type of transaction. TEMPERANCE ROAD TEMPERANCE MI 481820000 $ 20,000. The usual penalty is a payment to the lender of three monthsworth of interest but it can vary from lender to lender.
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The Fed has some authority in this area, as 15 Dolores mentioned. That is why I, along with many others who are priced out, am waiting on the sidelines to see how this whole real estate market played out or maybe move to somewhere like Atlanta where houses are still relatively reasonable. H office to another and then back again.
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