Though MBS owners could get hit if the White House rolls out a plan to boost low mortgage refi...

|By:, SA News Editor

Though MBS owners could get hit if the White House rolls out a plan to boost low mortgage refi levels that goes beyond Operation Twist, David Wessel thinks it's still a good idea. Investors would benefit if foreclosure is avoided, consumer confidence could get a lift, and homeowners are collectively more likely to spend additional money than MBS owners.