Inside The Neighborhood Assistance Corporation of America (NACA) Event As Fed Retreat From Mortgages Nears Tipping Point : News Photo

Inside The Neighborhood Assistance Corporation of America (NACA) Event As Fed Retreat From Mortgages Nears Tipping Point

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Bloomberg / Contributor
People fill out paperwork during an orientation session to receive help with home loan modifications during the Neighborhood Assistance Corporation of America (NACA) event in Los Angeles, California, U.S., on Friday, March 28, 2014. Fed buying of the securities that helped spur a housing recovery is poised to fall below growth in the $5.5 trillion government-backed market as soon as May, Nomura Holdings Inc. said. Last year, the Fed added twice as much of the debt as was created, suppressing yields that guide mortgage interest rates. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
Caption:
People fill out paperwork during an orientation session to receive help with home loan modifications during the Neighborhood Assistance Corporation of America (NACA) event in Los Angeles, California, U.S., on Friday, March 28, 2014. Fed buying of the securities that helped spur a housing recovery is poised to fall below growth in the $5.5 trillion government-backed market as soon as May, Nomura Holdings Inc. said. Last year, the Fed added twice as much of the debt as was created, suppressing yields that guide mortgage interest rates. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
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Date created:
March 28, 2014
Editorial #:
481187573
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Not released.More information
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Bloomberg
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Bloomberg
Object name:
MORTGAGE RATES

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People fill out paperwork during an orientation session to receive... News Photo 481187573America,Assistance,California,City Of Los Angeles,Direction,Document,Event,Filling,Finance,Government,Home,Home Ownership,Horizontal,House,Loan,Mortgage,Mortgage Document,North America,Paperwork,People,Politics,Receiving,The Americas,USAPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPPeople fill out paperwork during an orientation session to receive help with home loan modifications during the Neighborhood Assistance Corporation of America (NACA) event in Los Angeles, California, U.S., on Friday, March 28, 2014. Fed buying of the securities that helped spur a housing recovery is poised to fall below growth in the $5.5 trillion government-backed market as soon as May, Nomura Holdings Inc. said. Last year, the Fed added twice as much of the debt as was created, suppressing yields that guide mortgage interest rates. Photographer: Patrick T. Fallon/Bloomberg via Getty Images