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Loan Modification

: Loan Modification & Home Loan News

Federal Reserve Lays Out Plans to Sell Mortgage Backed Securities

By Moe Bedard

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Federal Reserve Bank of St. Louis President James Bullard said the central bank, if it were to start selling mortgage securities later this year, could start the process with ?little impact? on markets by using a ?reverse taper? approach to slowly unwind its balance sheet. In an interview, Mr. Bullard said he continues to support asset [...]

Full post as published by Loan Modification & Home Loan News on May 04, 2010 (boomark / email).

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