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Federal Reserve's $800 billion rescue for mortgage and consumer debt securities markets in October 2008.

11/25/2008

October 2008 was the month when consumer debt securites market collapsed, with dire consequences for GM and other businesses. The Fed stepped in with $200 billion of money for investors to buy these securities and also set up its own effort to buy $600 billion of mortgage securities from Fannie and Freddie.

Grouped Articles

Putting the Hit on Fannie, Freddie

Wall Street Journal 03.12.2014

Senators Draft Housing Finance Overhaul

New York Times 03.11.2014

New Facility Targets Consumer Lending

Wall Street Journal 11.25.2008

Fed Aid Sets Off a Rush to Refinance

Wall Street Journal 11.26.2008

Fear Recedes in the Debt Markets

Wall Street Journal 11.26.2008

U.S. Consumer Loan Aid Will Trickle Only So Far

New York Times 11.27.2008

Cost of Fannie And Freddie Keeps Rising

New York Times 06.19.2010

Tom Keene Talks with David Stockman

BusinessWeek 08.12.2010

Use Discretion on Gasoline Prices

Wall Street Journal 05.13.2011

An Accidental Housing Chief Embraces the Power of 'No'

Wall Street Journal 08.31.2011

Bonds backed by Mortgages Regain Allure

New York Times 02.18.2012

Homeownership Rate Declines to 15-Year Low

Wall Street Journal 05.01.2012


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