Personal Finance Advice and Commentary

Monday, November 21, 2011 4:42 pm
By Judy Martel · Bankrate.com

In 2009, when the government bought mortgage-backed securities, or MBS, to help stop the decline in home prices, the tactic worked to some degree. But although there’s some talk of repeating the tactic, Christopher Waller, research director of the St. Louis Federal Reserve Bank, doesn’t think it will work this time around. “Now, we don’t see