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Loan Modification

: Loan Modification & Home Loan News

Fed Considers How to Sell $1.1 Trillion of Mortgage-Backed Securities

By Moe Bedard

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The Fed ? which started buying up Fannie Mae and Freddie Mac securities to perform ?quantitative easing,? a way to pump money into the economy when the interest rate is near zero, and stopped on March 30 ? now owns a quarter of U.S. mortgage debt. Right now, that debt is actually making the Fed [...]

Full post as published by Loan Modification & Home Loan News on April 26, 2010 (boomark / email).

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