As part of a $200 billion Fed plan to inject liquidity and confidence into the market, mortgage lenders and other banks are going to be able to borrow money through the Term Securities Lending Facility. The funds will be made available by auctioning Treasuries, reports Bloomberg:

The auctions of Treasuries, which will begin March 27, may
be secured by collateral including agency and private
residential mortgage-backed securities, the Fed said. The
central bank “will consult with primary dealers on technical
design features” of the new tool.

This is just another in a long line of policies designed to provide "confidence" to the stock market and the financial market while requiring no fundamental changes in the way our lending and debt economy operates. It’s just more "economic stimulus" that is unlikely to actually help most individuals on a personal finance level.