TITLE

Don't Dawdle on MBS Exit Plan

AUTHOR(S)
Prigal, Georgette
PUB. DATE
June 2010
SOURCE
American Banker;6/3/2010, Vol. 175 Issue 85, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The authors suggests that U.S. banks need a managed exit strategy regarding distressed mortgage inventories since the Federal Reserve Board has ended its emergency rescue program of purchasing mortgage-backed securities from government-sponsored enterprises Fannie Mae and Freddie Mac.
ACCESSION #
51199191

 

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