New York Fed’s Williams to Seek Equilibrium Through MBS Runoff, Even Purchases

Asset Securitization Report, May 19, 2022–Donna Mitchell
One tool at the Fed’s disposal is purchasing mortgage-backed securities, and that tactic is not out of the question as the central bank works to promote equilibrium in the housing markets over time, New York Fed President John Williams told Kristy Fercho, the 2022 Mortgage Bankers Association chair and Wells Fargo’s executive vice president and head of home lending during the presentation, formatted as a conversation.