By Patturaja Murugaboopathy (Reuters) – The issuance of global mortgage-backed securities (MBS) slumped to a 23-year low in the first four months of this year, highlighting the turmoil in the …
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mortgage-backed
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Business News
Fed needs mortgage-backed securities exit plan ‘earlier than later,’ George says
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms “earlier than later” on a plan for the U.S. …