Volume 2010 - Number 3
February 5, 2010
Non-Agency MBS Dominate Early PPIP Purchases
Non-agency mortgage-backed securities account for approximately 87 percent of the purchases made by funds participating in the legacy securities Public-Private Investment Program. Meanwhile, critics warn that the Treasury Department has not done enough to regulate conflicts-of-interest for funds participating in the program. The Treasury last week reported that the total... [Includes one graph]
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