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Home » U.S. Ups Its Support of Agency MBS and Debt By $850 Billion; Fed Keeps Buying, Starts Selling
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U.S. Ups Its Support of Agency MBS and Debt By $850 Billion; Fed Keeps Buying, Starts Selling

March 20, 2009
The Federal Reserve, in its continuing quest to stimulate mortgage lending, this week announced a substantial boost in its already massive support for the agency MBS market, committing to buy as much as $750 billion more of agency securities and $100 billion more in agency debt. The Federal Reserve Bank of New York had already purchased some $159.83 billion... [Includes one graph]
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