General World News

MBS market imbalance fueling higher rates

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market.

That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into conservatorship in the wake of the global financial crisis of 2007-2008. 

The agency overseeing those government-sponsored enterprises (GSEs) — the Federal Housing Finance Agency (FHFA) — is remaining mum on the subject of the GSEs expanding their portfolios of retained MBS via expanded bond purchases, referring to it as speculation details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com