[Lurker]

The Federal Reserve on Tuesday took a step toward easing mortgage foreclosures threatening millions of Americans, announcing that it would write down troubled mortgages

Tell me Todd. How many mortgages did the Federal Reserve write exactly?

What does "write down" mean, exactly?

What Statute authorizes the Federal Reserve to do this? (Chapter and Section if you please)

That'll do for now.

L

[Toddsterpatriot]

You don’t understand spreadsheets and now you want a lesson on the Constitution? LOL!