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Real Estate & Property Law

: Housing Wire

Fed Still on MBS Buying Spree

By DIANA GOLOBAY

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The Fed continues to purchase large volumes of mortgage-backed securities (MBS) from government-sponsored enterprises. The move is a response to improved financial market conditions in recent weeks, culminating with the release of the stress test results calculated under the Supervisory Capital Assessment Program, according to the Federal Reserve, which then reduced efforts to extend credit [...]

Full post as published by Housing Wire on June 11, 2009 (boomark / email).

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