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A Buyer’s Market For Mortgage-Backed Securities

 

The Wall Street Journal reported today that risk premiums on mortgage-backed securities sold by Fannie Mae, Freddie Mac and Ginnie Mae widened by 0.4 of a percentage point since the Federal Reserve completed its $1.25 trillion purchase of mortgage-backed securities on Wednesday.

Over the past week, risk premiums on securities widened by 0.13 of a percentage …

Continue reading A Buyer’s Market For Mortgage-Backed Securities