$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, 'Oracle of Wall Street' says

Meredith Whitney, once known as the "Oracle of Wall Street," suggests a reform in the U.S. mortgage market could inject $3 trillion into the economy without federal spending. She proposes allowing Freddie Mac to enter the secondary mortgage market, specifically in home equity loans. This move could potentially release substantial funds into consumers' hands, offering a significant economic stimulus while not increasing government debt.