US: Federal Reserve Balance Sheet
Federal Reserve Balance Sheet Balance sheet reflects mortgage objectives of white paper To begin the year, the Fed released a brief outlining the economic challenges facing the housing market. As was communicated in previous Fed releases and implicit in the objectives set forth in the maturity extension program, they are still focusing on mortgage rates— through yield curve adjustments— and mortgage-backed securities (MBS) markets. Consistent with the ideas set forth in the white paper,
