Inside The Neighborhood Assistance Corporation of America (NACA) Event As Fed Retreat From Mortgages Nears Tipping Point

Wells Fargo & Co. signage is displayed as lender representatives and homeowners work on home loan modifications during the Neighborhood Assistance Corporation of America (NACA) event in Los Angeles, California, U.S., on Friday, March 28, 2014. Fed buying of the securities that helped spur a housing recovery is poised to fall below growth in the $5.5 trillion government-backed market as soon as May, Nomura Holdings Inc. said. Last year, the Fed added twice as much of the debt as was created, suppressing yields that guide mortgage interest rates. Photographer: Patrick T. Fallon/Bloomberg via Getty Images