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Home » Store » News » Commercial Banks Step Up Mortgage Securities Investment in Late 2000

Commercial Banks Step Up Mortgage Securities Investment in Late 2000

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Commercial banks aggressively bought up new mortgage-related securities during the fourth quarter of last year, lifting the industry’s stake in the MBS market to a record $470.47 billion. Data from the Federal Deposit Insurance Corp. shows that commercial banks’ total mortgage-related securities holdings climbed 4.8 percent from the previous quarter, and topped the $470 billion mark for the first time since late in 1998. Bank
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