January 5, 2009
All Your Home Loans Are Belong To Us (To Boost Liquidity)
"The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market."
∙ New York Fed Begins Purchases of Agency Mortgage Debt [Bloomberg]
First Published: January 5, 2009 6:15 AM
Comments from "Plugged In" Readers
Best blog article titles in the business :)
happy new year!
Posted by: dub dub at January 5, 2009 8:37 AM
For anyone who didn't catch the reference:
Posted by: deepbluesea at January 5, 2009 9:49 AM