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Real Estate & Property Law

: Housing Wire

Fed?s Gross Weekly MBS Purchases Spike

By DIANA GOLOBAY

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The Federal Reserve Bank of New York said late Thursday it had purchased another $74.7 billion in agency mortgage-backed securities this week from government-sponsored entities Freddie Mac (FRE: 0.77 +10.00%), Fannie Mae (FNM: 0.74 +8.82%) and Ginnie Mae. For the week ending April 8, the Fed purchased, net of $44.28 billion in coupon sales, $30.4 [...]

Full post as published by Housing Wire on April 10, 2009 (boomark / email).

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