FHFA Says Private Investors Will Fill Fed’s MBS Buying Role

The Federal Housing Finance Agency is determined to continue its mission of shrinking the balance sheets of Fannie Mae and Freddie Mac and plans only to add product when the two need to buy delinquent mortgages out of delinquent MBS pools.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_541/private-investors-mbs-buying-role-1028986-1.html

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