The Federal Reserve has moved to provide as much buying powder as needed to keep mortgage securities markets fluid in the face of a mounting credit crisis from the effects of business shutdowns and other efforts to contain the coronavirus.
Federal Reserve Pledges Unlimited Buying of US-Backed Mortgage Securities
Initiative Expands Purchases of Loan Packages Issued by Federal Housing Agencies
CoStar News
March 23, 2020 | 3:11 P.M.
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