Mortgage Investors Can Take Heart With Fed Buying ‘Here to Stay’
Bloomberg, June 10, 2020–Christopher Maloney
The central bank has purchased agency mortgage bonds at a record pace totaling $719 billion — just over $12 billion a day on average — according to data from the New York Fed. While the amount of buying over such a short time frame has been surprising, the banks re-entry into the MBS market was not.
https://www.bloomberg.com/news/articles/2020-06-10/mortgage-investors-can-take-heart-with-fed-buying-here-to-stay?srnd=premium