Fed’s Weekly MBS Purchases, Sales Slow

" The Federal Reserve Bank of New York said late Thursday it had purchased another $28.2 billion in agency mortgage-backed securities this week from government-sponsored entities Freddie Mac (FRE: 0.80 -20.79%), Fannie Mae (FNM: 0.7397 -23.74%) and Ginnie Mae. For the week ending March 18, the Fed purchased, net of $8.5 billion in coupon sales, $19.7 billion in coupons after a booming week ending March 11, during which the Fed had purchased $61.4 billion total, or $27.1 billion net of sales."