after 420 points up whats next, page-6

You could be right! The Fed is working hard to keep the momentum up!

March 19 (Bloomberg) -- U.S. regulators may reduce capital requirements imposed on Fannie Mae and Freddie Mac, the world's largest mortgage companies, to help them expand their combined $1.5 trillion in investments and revive the market for home loan securities, according to people with knowledge of the transaction.

Fannie Mae and Freddie Mac also agreed to raise more capital as part of the deal with the Office of Federal Housing Enterprise Oversight, said the people, who declined to be identified before the agreement was public. Ofheo said in a statement late yesterday that it will hold a press conference with Fannie Mae Chief Executive Officer Daniel Mudd and Freddie Mac CEO Richard Syron today in Washington.