Phil Lopez's Articles in Banking
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The US Treasury has committed to buying over 1 trillion in securitized loans through March 31, 2010
The US Treasury has fully commited to purchasing $1.25 Trillion in mortgage back securities through March 31, 2010. The FOMC has reiterated their intent to end this program at the end of March which is expected to have a negative consequence on the direction of mortgage interest rates in the near future.
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