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"To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve's holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities, " the FOMC says, adding it will continue to roll over the Federal Reserve's holdings of Treasury securities as they mature.
FORBES: U.S. Economy
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What we have tried to do, though, is to make sure that people who had been making their payments regularly, who are meeting their responsibilities, if they could have a little bit of an adjustment with the banks, if some of the principal was reduced, if some of the interest was reduced on their mortgage payment, they could keep on making payments.
WHITEHOUSE: Discussing the Economy in Albuquerque
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Woosung Tire can thank its creditor banks for most of its profits: they agreed to waive interest and principal repayment on its debt, allowing it keep the money as earnings.
ECONOMIST: Smaller South Korean firms