Fed Up

AITOOW realizes the Fed is quietly buying up toxic mortgages from the banks? Are they using TARP money or is this an added expense? Don't forget about the funds they are providing them at zero percent interest or how they defied their own practice of limiting guidance from a quarter ahead to two years ahead. This is supposed to drive down mortgage rates in particular because the banks weren't passing along drops in borrowing costs to this portion of their loan portfolio. How much hand holding do these banks need?