Federal Reserve Gets $2.3 Billion In Commercial Mortgage Requests

There have been requests made to the Federal Reserve by a number of investors for a staggering $2.8 billion in loans against commercial-mortgage-backed securities that were created prior to 2009. This would mean an expansion of about $668.9 million from the financing programs first installments last … [Read more...]

Another U.S. Debt Purchase In The Works

In an effort to lower borrowing costs, the Federal Reserve has decided to buy another set of Treasury bonds. The purchase of $6 billion of securities with maturing dates of three to four years was the latest stage in this plan. … [Read more...]