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Home » Store » News » Alt Mortgage Sales to GSEs Slump in October

Alt Mortgage Sales to GSEs Slump in October

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Sales of alternative mortgages to Fannie Mae and Freddie Mac fell in October from the feeble pace set in the third quarter of 2008. According to the Inside Mortgage Finance MBS Database, the government-sponsored enterprises pooled $3.33 billion of interest-only mortgages, jumbo mortgages and 40-year mortgages in their mortgage-backed securities... [Includes one chart]
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