Hello Dr. Herbener,
I work in the corporate office of a mortgage company. And since I have expressed an interest in economics, my manager has asked me – as my goal for this year – to complete your Liberty Classroom course, and then write something up in terms of an economic analysis of the mortgage industry.
I’m a few lessons into this course, but I’m wondering if you can give me some recommendations. Is there anything I should read on Austrianism and the mortgage industry? Do you know an expert in the field with whom you could put me in touch? Which lessons in this course will be especially important for my project?
Also, I’m having trouble understanding the relationship between mortgage rates and treasuries. I think the president of the company also told me that they buy mortgage backed securities as hedges, too (does that sound right?).
Thank you in advance for your help,
Chris Caughey