Despite Slow December, GSE Portfolios Grew Sharply in Fourth Quarter of 2008
February 6, 2009
Fannie Mae and Freddie Mac used their portfolios to help boost the slumping U.S. mortgage market during the fourth quarter, increasing their retained mortgage investments by 6.3 percent during the last three months of the year. Together, the two government-sponsored enterprises held $1.592 trillion of mortgages and MBS in their portfolios at... [Includes two charts]