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Real Estate & Property Law

: Housing Wire

Fed?s Agency MBS Purchases Total $52.6 Billion

By DIANA GOLOBAY

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The Federal Reserve purchased more than $19 billion in agency mortgage-backed securities from government-sponsored entities Freddie Mac (FRE: 0.6745 +2.20%), Fannie Mae (FNM: 0.67 +1.52%) and Ginnie Mae in the week ending Jan. 21. The latest installment brings total agency MBS purchases to $52.6 billion, little more than a tenth of the Fed’s $500 billion [...]

Full post as published by Housing Wire on January 23, 2009 (boomark / email).

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