How the Fed Can Address Mortgage-Backed Securities


first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago According to former Fed governor Randy Kroszner, while the Federal Reserve has taken the right first steps to mitigate the damage caused by the coronavirus, there is still more to be done. In this Video Spotlight, Kroszner discusses with CNBC how reviving programs from 2008 and 2009.Kroszner also discusses how the Fed bought back mortgage-backed securities a decade ago, and why the Fed’s emergency moves will help narrow spreads in mortgage-backed securities.In addition to the rate cut, the Fed announced that over the coming months that it will increase its holdings of Treasury securities by at least $500 billion and its holdings and agency mortgage-backed securities by at least $200 billion.The reduction of interest rates to 0% was suspected at the end of last week, as Goldman Sachs economists expected this move, according to The Street.“In light of the continued growth in coronavirus cases in the U.S. and globally, the sharp further tightening in financial conditions, and rising risks to the economic outlook, we now expect the [Federal Open Market Committee] to cut the funds rate 100 basis points on March 18,” Hatzius wrote. in Daily Dose, Featured, News, Secondary Market Tagged with: Federal Reserve Mortgage-Backed Securities Subscribe Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Home Prices Reducing Foreclosure Risk Next: Legal Challenges: Education is Key The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. How the Fed Can Address Mortgage-Backed Securities March 16, 2020 1,576 Views Federal Reserve Mortgage-Backed Securities 2020-03-16 Seth Welborncenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Sign up for DS News Daily About Author: Seth Welborn Home / Daily Dose / How the Fed Can Address Mortgage-Backed Securities Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save The Best Markets For Residential Property Investors 2 days agolast_img