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Banks Shed Mortgage Securities in Third Quarter, But Came Back to the Market in the Past Month
Commercial banks reduced their holdings of mortgage-related securities during the third quarter, including significant sell-offs of Fannie Mae, Freddie Mac and non-agency pass-throughs, according to data released this week by the Federal Deposit Insurance Corp.
But more recent Federal Reserve data show that large banks have significantly increased their... [Includes three charts]
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