Treasury May Buy Mortgage Debt

A plan being lobbied to the U.S. Treasury involves them buying mortgage debt in hopes of driving  mortgage interest rates down to 4.5% .  The plan has yet to be announced officially.

The Treasury would buy mortgage backed securities from Fannie Mae and Freddie Mac.

Related posts:

1. Freddie Mac Needs Another Bailout
2. Freddie Mac Raises Mortgage Fees
3. More Foreclosures Imminent
4. More Changes Ahead for Freddie Mac and Fannie Mae
5. The Impending Reform of Fannie Mae and Freddie Mac

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