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Fed’s Mortgage-Backed Securities Purchases Sought Calm, Accommodation During Pandemic

W Frame, Brian Greene, Cindy E. Hull and Josh Zorsky
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Josh Zorsky: https://www.dallasfed.org/banking/fis/zorsky.aspx

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: We explore the Federal Reserve’s purchases of agency MBS—mortgage bonds guaranteed by Ginnie Mae, Fannie Mae and Freddie Mac—and related market dynamics during the pandemic, including why mortgage rates fell to historic lows.

Keywords: Banking; Finance; Real Estate; Monetary Policy; COVID-19 (search for similar items in EconPapers)
Date: 2021-08-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:93015

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