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September 26, 2014

The Federal Reserve Continues to be the Hog at the MBS Trough

By John Bancroft

At the top of the heap was the Federal Reserve, which boosted its agency MBS portfolio by 3.8 percent during the second quarter.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
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We will fund less than last year – by a lot.

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