Fed likely to continue MBS purchases to secure housing recovery

Christina Mlynski, Housing Wire The Federal Open Market Committee has another distinct opportunity in its latest Federal Open Market Committee statement to argue its third-round of open-ended quantitative easing is working, according to Bank of America Merrill Lynch ($11.32 -0.06%). The FOMC wraps up the meeting today and will release the minutes weeks from now, but analysts already expect ongoing […]