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Real Estate & Property Law

: Housing Wire

Fed MBS Purchases Rise as Balance Sheet Shrinks

By DIANA GOLOBAY

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The Federal Reserve purchased $61.4 billion in mortgage-backed securities from government-sponsored entities Fannie Mae (FNM: 0.4043 -3.74%), Freddie Mac (FRE: 0.3933 -6.36%) and Ginnie Mae in the week ending March 11. The Federal Reserve Bank of New York, in reporting the details of the purchases Thursday, also announced the second weekly batch of coupon sales [...]

Full post as published by Housing Wire on March 13, 2009 (boomark / email).

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