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You are viewing Micro News from Tuesday, Feb 21, 2012 - View all recent Micro News
  • 2/21/12
    Despite earlier reprices for the worse, MBS had been...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    Boston Fed sought cut in discount rate in Jan
    (Reuters) - The Boston Federal Reserve unsuccessfully wanted in January to trim the rate the Federal Reserve charges banks for emergency loans, in part to align the so-called discount rate with the rate the Fed charges foreign central banks for dollar swaps.

    Forecasts for modest growth ahead, continuing weakness in housing markets and high unemployment were also among reasons why the directors of the regional Fed bank sought a cut to 0.5 percent from the current level of 0.75 percent, according to minutes of meetings released on Tuesday by the Fed.

    The Fed cut its principal policy rate, the fed funds rate, to near zero in December 2008.

    While Boston sought a decrease the Kansas City Fed wanted to raise the discount rate to 1 percent, in part to restore the 1 percentage point spread between the fed funds rate and the discount rate that prevailed before the financial crisis that began in 2007.
    Category: MBS, FED
    Share:   
  • 2/21/12
    FHFA Sends Congress Strategic Plan for Conservatorships of Fannie Mae and Freddie Mac
    Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today sent to Congress a strategic plan for the next phase of the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). The plan builds on the Acting Director’s February 2010 letter to Congress on the conservatorships and sets forth objectives and steps FHFA is taking or will take to meet FHFA’s obligations as conservator. Fannie Mae and Freddie Mac were placed into conservatorships Sept. 6, 2008 and have since received more than $180 billion in taxpayer support. FHFA identifies three strategic goals for the next phase of the conservatorships:

    -Build: Build a new infrastructure for the secondary mortgage market;
    -Contract: Gradually contract the Enterprises’ dominant presence in the marketplace while simplifying and shrinking their operations; and
    -Maintain: Maintain foreclosure prevention activities and credit availability for new and refinanced mortgages.
    Category: MBS, INDUSTRY
    Share:   
  • 2/21/12
    Whether or not you'll see a reprice for the worse here...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    Please be aware that day-over-day pricing is currently...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    Trading so far this morning is doing its best to appease...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    (Reuters) - Euro zone finance ministers sealed a 130...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS
    Share:   
  • 2/21/12
    FHFA Sends Congress Strategic Plan for Conservatorships of Fannie Mae and Freddie Mac
    Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today sent to Congress a strategic plan for the next phase of the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). The plan builds on the Acting Director’s February 2010 letter to Congress on the conservatorships and sets forth objectives and steps FHFA is taking or will take to meet FHFA’s obligations as conservator. Fannie Mae and Freddie Mac were placed into conservatorships Sept. 6, 2008 and have since received more than $180 billion in taxpayer support. FHFA identifies three strategic goals for the next phase of the conservatorships:

    -Build: Build a new infrastructure for the secondary mortgage market;
    -Contract: Gradually contract the Enterprises’ dominant presence in the marketplace while simplifying and shrinking their operations; and
    -Maintain: Maintain foreclosure prevention activities and credit availability for new and refinanced mortgages.
    Category: MBS, INDUSTRY
    Share:   
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  • 2/21/12
    Despite earlier reprices for the worse, MBS had been...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    (Reuters) - The Boston Federal Reserve unsuccessfully wanted in January to trim the rate the Federal Reserve charges banks for emergency loans, in part to align the so-called discount rate with the rate the Fed charges foreign central banks for dollar swaps.

    Forecasts for modest growth ahead, continuing weakness in housing markets and high unemployment were also among reasons why the directors of the regional Fed bank sought a cut to 0.5 percent from the current level of 0.75 percent, according to minutes of meetings released on Tuesday by the Fed.

    The Fed cut its principal policy rate, the fed funds rate, to near zero in December 2008.

    While Boston sought a decrease the Kansas City Fed wanted to raise the discount rate to 1 percent, in part to restore the 1 percentage point spread between the fed funds rate and the discount rate that prevailed before the financial crisis that began in 2007.
    Category: MBS, FED
    Share:   
  • 2/21/12
    Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today sent to Congress a strategic plan for the next phase of the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). The plan builds on the Acting Director’s February 2010 letter to Congress on the conservatorships and sets forth objectives and steps FHFA is taking or will take to meet FHFA’s obligations as conservator. Fannie Mae and Freddie Mac were placed into conservatorships Sept. 6, 2008 and have since received more than $180 billion in taxpayer support. FHFA identifies three strategic goals for the next phase of the conservatorships:

    -Build: Build a new infrastructure for the secondary mortgage market;
    -Contract: Gradually contract the Enterprises’ dominant presence in the marketplace while simplifying and shrinking their operations; and
    -Maintain: Maintain foreclosure prevention activities and credit availability for new and refinanced mortgages.
    Category: MBS, INDUSTRY
    Share:   
  • 2/21/12
    Whether or not you'll see a reprice for the worse here...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    Please be aware that day-over-day pricing is currently...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    Trading so far this morning is doing its best to appease...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS, alert
    Share:   
  • 2/21/12
    (Reuters) - Euro zone finance ministers sealed a 130...
    MBS Updates are a service provided to MBS Live! subscribers only.
    Learn More | Start a Free Trial | View MBS Prices
    Category: MBS
    Share:   
 
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  • 2/21/12
    Boston Fed sought cut in discount rate in Jan
    (Reuters) - The Boston Federal Reserve unsuccessfully wanted in January to trim the rate the Federal Reserve charges banks for emergency loans, in part to align the so-called discount rate with the rate the Fed charges foreign central banks for dollar swaps.

    Forecasts for modest growth ahead, continuing weakness in housing markets and high unemployment were also among reasons why the directors of the regional Fed bank sought a cut to 0.5 percent from the current level of 0.75 percent, according to minutes of meetings released on Tuesday by the Fed.

    The Fed cut its principal policy rate, the fed funds rate, to near zero in December 2008.

    While Boston sought a decrease the Kansas City Fed wanted to raise the discount rate to 1 percent, in part to restore the 1 percentage point spread between the fed funds rate and the discount rate that prevailed before the financial crisis that began in 2007.
    Category: MBS, FED
    Share:   
 
No Micro News Posts Here.

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More From MND

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  • 15 Yr FRM 3.49%
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MBS Prices:
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Recent Housing Data:
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