Volume 2010 - Number 16
August 6, 2010
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PPIP Funds Post Profits on Non-Agency MBS Purchases, Help Increase Collateral Prices
The Public-Private Investment Program has contributed to a recovery in the prices of non-agency mortgage-backed securities while generating profits for participating funds, according to the Treasury Department. Every public-private investment fund has turned a profit, largely by purchasing non-agency MBS. Through the second quarter of 2010, the eight public-private... [Includes one chart]
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