newyorkfed.org - 1/8/2009
—
New York Fed purchases $10.2 billion in agency mortgage-backed securities
newyorkfed.org - 1/5/2009
—
newyorkfed.org —
The Federal Reserve Bank of New York today
began purchasing fixed-rate mortgage-backed securities guaranteed by Fannie Mae,...
Freddie Mac, and Ginnie Mae. Selected private investment managers are acting as agents of the New York Fed in these purchases.
(more)
New York Fed Begins Purchasing Mortgage-Backed Securities
Comments
Blog Reactions
Fed MBS Purchase: $10.2 bn
Alea —
Details: Purchases of agency MBS by investment managers acting as agents for the System Open Market Account (SOMA).
Related:
Fed Starts $500 bn MBS Purchase
Email This
Closing Comments January 08 2009
Across the Curve —
... The Federal Reserve Bank of New York in its regular weekly release detailed its mortgage purchases of the last three days. They bought a little over $10 billion in securities. ...
Related Content
Fed Goes All In for Mortgage-Backed Securities
traderdaily.com 12/31/2008 —
The U.S. Federal Reserve on Tuesday moved forward aggressively with an effort to drive down mortgage costs, setting a goal of buying $500 billion in mortgage-backed securities by mid-2009.
The central bank said it would start buying the securities ...
In defense of mortgage backed securities
real-estate-and-urban.blogspot.com 11/21/2008 — Some time ago, Susan Wachter and I wrote an article about (among other things) the history of the US mortgage market. One of the points of the piece was that depositories are not capable of holding long-term fixed-rate mortgages, because it subjects ...
Agency Market
acrossthecurve.com 10/4/2008 — The short end of the agency market was “en fuego” today. Agency discount notes in the three month sector are about 100 basis points better over the last week. The three month bill trades around 50 basis points for the entire period while ...
Fed’s Gross Weekly MBS Purchases Spike
hf-implode.com 4/10/2009 — " The Federal Reserve Bank of New York said late Thursday it had purchased another $74.7 billion in agency mortgage-backed securities this week from government-sponsored entities Freddie Mac (FRE: 0.77 +10.00%), Fannie Mae (FNM: 0.74 +8.82%) and Ginnie Mae. For the week ending April 8, the Fed ...
Mortgage Backed Securities: Its a trap!
accruedint.blogspot.com 12/17/2008 — The agency-backed mortgage sure is tempting. Fannie Mae 30-year 6% mortgage-backed securities are currently yielding in the 4.40% area with just a 2-year average life, based on Bloomberg figures. That looks pretty good compared with 2-year Treasuries ...
Fed’s MBS Purchases Up from Last Week
hf-implode.com 3/28/2009 — "The Federal Reserve Bank of New York said late Thursday it had purchased another $47.3 billion in agency mortgage-backed securities this week from government-sponsored entities Freddie Mac, Fannie Mae and Ginnie Mae. For the week ending March 25, the Fed purchased, net of $14.1 billion in ...
Federal Reserve MBS Purchases
acrossthecurve.com 12/31/2008 — The Federal Reserve announced the asset managers who will guide the Fed’s purchase of $500 billion of MBS. The purchases will begin early in January and will conclude by the end of June. Here is a link to the FAQ on the topic at the Fed ...
Agency Agony
acrossthecurve.com 10/20/2008 — The agency market continues to be a vale of tears in search of buyers. Agency spreads are wider today despite improvement in other spread markets and improvement in funding markets. FNMA had scheduled an announcement of a benchmark note but decided ...
New Accounting Guidelines for Mortgage-Backed Securities
nytimes.com 4/2/2009 — The Financial Accounting Standards Board voted on Thursday to give more discretion to bank managements in reporting the value of mortgage securities. The changes seem likely to allow banks to report higher profits by assuming that the securities are ...
Follow WallStreetBlips on Twitter
