Volume 2010 - Number 10
March 12, 2010
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Fed in Final Approach to Soft Landing On Massive MBS Acquisition Campaign
The Federal Reserve is gliding toward the end of its $1.250 trillion effort to save the agency MBS market, but the program’s effect on the market is expected to linger long after the agency stops buying new securities in two weeks. Since the beginning of 2009, the Fed has made some $1.752 trillion in gross purchases of Fannie Mae, Freddie Mac and... [Includes one chart and one graph]
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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