Relevant:
- Mortgage Bond Sales Jumping 45% Hurt Fed's Buying Efforts
- Federal Reserve continues shadow bailout of banking industry -- $947 billion of overpaid and low demand mortgage backed securities sit on the massive $2.8 trillion Fed balance sheet
- Why QE2 + QE Lite Mean The Fed Will Purchase Almost $3 Trillion In Treasurys And Set The Stage For The Monetary Endgame
- Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings
- Delinquency Rate Hits Post Housing Crisis Low for Freddie Mac
2012-09-02 — ritholtz.com
``There is about $8.9 trillion in total outstanding mortgage debt structured in securities as of the end of the first quarter, according to data compiled by Securities Industry and Financial Markets Association. That includes about $1.4 trillion in non-government agency residential and commercial mortgage backed securities (down from nearly $2.4 trillion in 2007) and about $7.0 trillion in agency MBS and collateralized mortgage obligations from Fannie Mae, Freddie Mac and Ginnie Mae (up from about $5.8 trillion in 2007).''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.