The US Federal Reserve said on Wednesday transferred a record $47.4bn to the US Treasury in 2009 as a result of its programs to help the economy and financial firms during the financial crisis. The increase in income was primarily due to interest earnings on mortgage-backed securities issued by government supported mortgage finance agencies, the Fed said.
Fed paid record $47.4bn to Treasury in 2009
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With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
