Federal Reserve chairman Ben Bernanke Wednesday afternoon said the central bank might scale up its purchases of agency MBS if conditions warrant, but not right now.

Speaking at the conclusion of a two-day Federal Open Market Committee (FOMC) meeting, the Fed chief noted that housing is a key component of the U.S. economy. "The problems in that sector are clearly a big reason why our economy is not recovering more quickly," he said.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.