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Fannie and Freddie add $12.5B MBS in January, help to ease rates
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Fannie and Freddie add $12.5B MBS in January, help to ease rates
Fannie Mae and Freddie Mac added a combined $12.5 billion in agency mortgage-backed securities (MBS) to their retained portfolios in January, a volume that BTIG analyst Eric Hagen described as “lower than expected” but still effective in helping to drive down mortgage rates. During a Jan. 21 speech at the World Economic Forum in Davos, President Donald Trump said he had directed the government-sponsored enterprises (GSEs) to purchase up to $200 …
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