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Uncle Sam’s GSE MBS, Debt Buys Exceed $1 Trillion
The federal government has breached a once-unimaginable threshold in its support of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks, pumping $1.104 trillion (gross) into the GSEs via purchases of Fannie and Freddie mortgage-backed securities as well as Fannie, Freddie and FHLBank debt, according to the latest review by Inside The GSEs. Through June, Uncle Sam via the...
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