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Reserve Bank Credit - Securities Held Outright - Mortgage-Backed Securities (WMBSEC)
Type:
Size:
Range:
Log Scale:
Units:
| Series ID: | WMBSEC |
|---|---|
| Source(s): |
Board of Governors of the Federal Reserve System |
| Release: | H.4.1 Factors Affecting Reserve Balances |
| Units: | Billions of Dollars |
| Frequency: | Weekly, Ending Wednesday |
| Seasonal Adjustment: | Not Seasonally Adjusted |
| Observation Range: |
2009-01-14 to 2012-02-08 |
| Updated: | 2012-02-10 8:01 AM CST |
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Notes:
On November 25, 2008, the Federal Reserve announced a program to purchase mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The goal of the program is to provide support to mortgage and housing markets and to foster improved conditions in financial markets. Purchases of these securities began on January 5, 2009.
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