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» Bank Retreat From MBS Market in 3rd Quarter Leaves Plenty of Room for Fannie and Freddie
Bank Retreat From MBS Market in 3rd Quarter Leaves Plenty of Room for Fannie and Freddie
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Commercial banks fled from the MBS market during the third quarter of 2003, fulfilling the prophecy of many analysts that these institutions would plow more of their funds into more lucrative investments once the economy began to gather steam.