HUD’s Donovan: This is the worst rental crisis in this nation, ever

HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo

The 10 greenest places to live

Happy Earth Day, everyone!

WFC can't keep alleged bogus foreclosure manual out of court

U.S. judge allows discovery on Tirelli's smoking gun
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