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Real Estate & Property Law

: Housing Wire

Fed?s Gross Weekly MBS Purchases Double

By DIANA GOLOBAY

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As the Federal Reserve prepared its first monthly report on liquidity programs, the central bank continued buying up agency mortgage-backed securities (MBS) in an effort to promote the mortgage market from the secondary side down. The Fed bought up $54.67bn of MBS in the week ending June 10, up nearly 100% from last week’s $27.68bn in [...]

Full post as published by Housing Wire on June 12, 2009 (boomark / email).

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