Where's Watt?

Where's Watt?

FHFA scorecard should be marked tardy

Key MERS legal employees turn away from company

Company now under federal scrutiny

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline
W S
Investments / The Ticker

Fed faces billion-dollar losses in looming QE exit

/ Print / Reprints /
| Share More
/ Text Size+

Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.

That sum is the difference between the value of securities in the Fed’s portfolio on Dec. 31 and what they may fetch in three years, according to data compiled by MSCI Inc. of New York for Bloomberg News.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus