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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

Posted by: dub dub at January 5, 2009 8:37 AM

Posted by: deepbluesea at January 5, 2009 9:49 AM

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