Fed Announces New Plan to Support Mortgages

November 24, 2008

The Federal Reserve, in another massive life-support intervention for the financial system, on Tuesday announced a $600 billion program to buy mortgage-related debt and securities and a $200 billion facility to support consumer debt securities.

*For more on this story,

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Conexant Renews Credit Line

Microsemi Set to Shutter Colorado Plant After Delays

staff-author

Fed Announces New Plan to Support Mortgages

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Vanguard Makes Ismael López Medel Permanent Business School Dean

Chipotle Taps Former Burger King Brand Executive

Mountain Mike’s Names Ryan Lulow New CFO

Related Articles

Vanguard Makes Ismael López Medel Permanent Business School Dean

Chipotle Taps Former Burger King Brand Executive

Mountain Mike’s Names Ryan Lulow New CFO

BJ’s Restaurants to Expand AI Management Platform

Midday Stock Roundup: Willdan Group Drops 14%

Advertise With Us

About Us

Subscriber Links

Other Journals