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Is The Mortgage Program Ending or Pausing On April 1?

By Implode-Explode Heavy Industries

"In our discussions with mortgage traders many of them believe the Federal Reserve is only ?pausing? and not ?ending? the program on April 1. They believe that when (not if) the mortgage market runs into trouble, the Federal Reserve will be forced to restart their money printing to support mortgages. And when they do, the size of the purchases will be infinite for as long as is needed, despite what they Federal Reserve may say. You cannot keep increasing the size and scope of these programs without everyone realizing they are never going away."

Full post as published by Mortgage Lender Implode-o-Meter on March 17, 2010 (boomark / email).