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
A woman organizes paperwork while speaking on the phone with a councilor 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:
A woman organizes paperwork while speaking on the phone with a councilor 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 #:
481184141
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Source:
Bloomberg
Object name:
MORTGAGE RATES

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A woman organizes paperwork while speaking on the phone with a... News Photo 481184141Adult,America,California,City Of Los Angeles,Document,Event,Finance,Government,Home,Home Ownership,Horizontal,House,Loan,Mortgage,Mortgage Document,North America,Organization,Paperwork,Politics,Talking,Telephone,The Americas,USA,WomenPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPA woman organizes paperwork while speaking on the phone with a councilor 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