Plosser: Fed should sell MBS sooner, not later (Reuters)

Reuters – The Federal Reserve should sell its U.S. mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Visteon retirees appeal decision on benefits (AP)

AP – Attorneys for retired Visteon workers are appealing a bankruptcy judge’s order allowing the auto parts supplier to terminate their health and life insurance benefits.

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Housing Recovery Will Revive Retirement Plans (U.S. News & World Report)

U.S. News & World Report – Buy a house, pay the monthly mortgage, watch your home’s value grow, and eventually sell it and fund your retirement dreams. It seemed to be the natural order of things until the bubble burst. For older homeowners, the new order of things is to either sell your home at a huge loss or stay put and hope things will get better before you’re too old and frail to have any retirement dreams left. For recent homeowners, there is no dream. …

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AP sources: Probers eye census worker’s insurance (AP)

AP – Investigators trying to solve the mystery of a census taker found hanging from a tree with the word “fed” scrawled on his chest are examining whether he manipulated the scene in order to conceal a suicide and make a life insurance claim possible for his son, law enforcement officials told The Associated Press.

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Ford announces plan to preserve tax assets (AP)

AP – Ford Motor Co. said Friday its board of directors has adopted a plan designed to deter shareholders who hold more than a 5 percent stake from increasing their ownership, in order to protect its tax assets.

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