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Real Estate & Property Law

: Housing Wire

Feds Step into Secondary Mortgage Market in a Big Way

By PAUL JACKSON

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We’re from the government, and we’re here to help. It’s a funny, odd saying, but on Tuesday the saying rang truer than ever for most secondary mortgage market participants, after the Federal Reserve said it was initiating a program to purchase up to $100 billion GSE direct obligations and $500 billion MBS backed by Fannie [...]

Full post as published by Housing Wire on November 25, 2008 (boomark / email).

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