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Real Estate & Property Law

: Housing Wire

Problems Pile Up in Agency MBS Market

By PAUL JACKSON

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(Update 1: updated mortgage rate discussion for clarity, corrected initial discussion of primary dealers to focus more directly on bank holdings) Despite the U.S. government’s takeover of both Fannie Mae (FNM: 0.79 +16.18%) and Freddie Mac (FRE: 0.8807 +35.49%) in September — designed to bolster confidence both within the U.S. and abroad — investors have been [...]

Full post as published by Housing Wire on October 27, 2008 (boomark / email).

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