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Real Estate & Property Law

: Housing Wire

Fed to Begin Purchasing Agency MBS in January

By PAUL JACKSON

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(Update 1: Adds in comments from Barclays Capital analysts) Let the quantitative easing roll forward — the somewhat controversial policy, involving flooding markets with fresh money during times of economic distress, will directly push its way into the nation’s secondary mortgage markets in January, according to a statement from the Federal Reserve late Tuesday. The Fed [...]

Full post as published by Housing Wire on December 31, 2008 (boomark / email).

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