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Home » Store » News » Fed Swings for the Fences to Support Agency MBS

Fed Swings for the Fences to Support Agency MBS

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The U.S. government continues to bolster its support of Fannie Mae and Freddie Mac, and to a lesser extent, Ginnie Mae and the 12 Federal Home Loan Banks. Last week, the Federal Reserve’s Open Market Committee decided to boost its support of the housing agencies substantially, committing to buy as much as $750 billion more of agency mortgage-backed securities, and as much as $100...
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