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Loan Modification

: Mortgage Lender Implode-o-Meter

US could face debt crisis over Fed decision to halt agency MBS purchases

By Implode-Explode Heavy Industries

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"The US's fledging recovery from recession could be jeopardised by the Federal Reserve's plans to cease purchasing government-sponsored enterprise (GSE) securities from the end of March, warned a speaker at the Chicago Board Options Exchange risk management conference in Naples, Florida on Monday."

Full post as published by Mortgage Lender Implode-o-Meter on March 09, 2010 (boomark / email).

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