Fed’s Agency MBS Purchases Total $69.5 B

" The Federal Reserve Bank of New York on Thursday announced just under $16.84 billion in new agency mortgage-backed security purchases for the week ending Jan. 28. It claimed $5.346 billion off Freddie Mae (FRE: 0.61 0.00%)’s balance sheets, $7.19 billion from Fannie Mae (FNM: 0.6041 -0.97%) and $4.301 billion from Ginnie Mae. Altogether, the Fed has purchased — or at least agreed to purchase; not all transactions are final yet — approximately $33.5 billion from Freddie, $27.4 billion from Fannie and $8.6 from Ginnie, bringing total purchase to about $69.5 billion, just less than 14 percent of its total $500 billion purchasing power."