2009-04-03housingwire.com

"The Federal Reserve Bank of New York said late Thursday it had purchased another $68.5 billion in agency mortgage-backed securities this week from government-sponsored entities Freddie Mac (FRE: 0.7209 -3.88%), Fannie Mae (FNM: 0.7003 -2.74%) and Ginnie Mae. For the week ending April 1, the Fed purchased, net of $35.6 billion in coupon sales, $32.91 billion in agency MBS, virtually unchanged from last week’s $33.2 billion in net purchases."



Comments: Be the first to add a comment

add a comment | go to forum thread