Latest Breaking News On - Jackie dunlap - Page 1 : comparemela.com
Are you afraid of the day that the Federal Reserve stops buying mortgage-backed securities? “Afraid” is too strong a word. (For many, this activity would define “afraid” … kids, don’t try this at home.) But the largest buyer, of Agency MBS, which now owns 30 percent of outstanding Agency securities, has now sped up the pace of stopping its program. When I worked on a trading desk, back in the Paleozoic era, the saying was, “Don’t fight the Fed.” We can fully expect tighter monetary policy. The bond market, though, doesn’t seem spooked by this news although we are seeing the yield curve flattening. So, what are lenders afraid of? In a poll of lenders during a Sales Boomerang webinar of fears for 2022, the topics listed, in no order
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