MBS market barely budges with confusion over plans

A rash of proposed plans targeting the mortgage-backed securities market has left investors with questions and concerns. The market barely moved after announcements by the Treasury Department and the Federal Reserve saying the agencies were considering plans aimed at lowering interest rates in the sector. "People are confused about the plans," said Kevin Cavin, mortgage strategist at FTN Financial in Chicago.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief: