Stimulus

The U.S. housing market is harboring the potential for unprecedented economic stimulus that wouldn’t require any federal spending, according to Meredith Whitney, the one-time “Oracle of Wall Street” who predicted the Great Financial Crisis

Such borrowing can be used for things like vacations, weddings, new cars, investments, medical bills, paying down debt, or starting a business. In other words, it’s more money that could power the economy.

Freddie Mac is best known for its role in buying first-time mortgages, pooling them together, and selling them to investors as mortgage-backed securities. This allows lenders to get those mortgages off their balance sheets, freeing up liquidity for more loans.

Meredith Whitney, founder and chief executive officer of Meredith Whitney Advisory Group.

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The IDF is shooting down a significant number of its own drones in the course of operations, The War Zone (TWZ) reported, citing a US Marine Corps official.

According to Marine Lt.-Col. Michael Pruden, the IDF destroyed 40% of its own uncrewed aerial systems (UAS.)

Pruden is head of the Marine Air Command and Control Integration Branch of the Air Combat Element Division within the service's Combat Development and Integration Command (CD&I).

"Something interesting that comes from Israel, 40 percent, of the UASs ... knocked out" by Israel are instances of "friendly fire," Pruden said during a talk at the annual Modern Day Marine exposition on Wednesday.

The IDF has also previously acknowledged accidental knockdowns of its drones.  

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