Mortgage Bond | featured news

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Mortgage Bond Topics

Morgan Stanley says warned on $6 billion mortgage debt

Morgan Stanley said a group of investors believes the bank may have sold defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.

Saying Recovery Has Slowed, Fed to Buy U.S. Debt

The Federal Reserve board said that it would use the proceeds from its huge mortgage-bond portfolio to buy long-term Treasury securities.

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