Category Archives: U.S. Economy

That's What I'm Talking About – Banks allowed to lift MBS holdings

Posted on March 24, 2008 by John Rutledge

(March 24, 2008) – Today a good thing happened. To help thaw the frozen mortgage markets, the Federal Housing Finance Board will allow regional U.S. banks in the Federal Home Loan Bank system to increase their holdings of agency MBS–mortgage-backed … Continue reading →

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February Existing Home Sales +2.9% but Prices Still Falling

Posted on March 24, 2008 by John Rutledge

(March 24, 2008) – The NAR released the February Existing Home Sales report this morning, showing that sales of existing homes increased 2.9% to a seasonally adjusted annual rate of 5.03 million units in February, but remain 23.8% below the … Continue reading →

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