Publisher

Federal Reserve System: Federal Reserve Bank of New York

Media Date

9-23-2009

Media Type

Document

Content Type

Frequently Asked Questions/Qs&As/Questions

Country/Region

United States

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

The Federal Reserve's Financial Crisis Response

Intervention

Asset Purchase Program

Additional Information

Addresses operational questions about the program initially announced by the Federal Reserve on November 25, 2008 expanded on March 18, 2009, and further modified on September 23, 2009 to purchase the direct obligations of housing-related governmentsponsored enterprises (GSEs) Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

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