Posts Tagged ‘Treasury’
Treasury Department to begin selling off mortgage-backed securities it bought during the financial crisis
March 22nd, 2011Treasury Department to begin selling off mortgage-backed securities it bought during the financial crisis The Treasury Department is to begin selling off the $142 billion in mortgage-backed securities it purchased from Fannie Mae, Freddie Mac and other government agencies to help stabilize the housing market during the financial crisis. The divestiture will begin with… Read [...]
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Mortgage rates jump along with Treasury yields
November 21st, 2010Mortgage rates jump along with Treasury yields NEW YORK — Any borrowers who were betting that mortgage rates would fall even further lost out this week. The best rates may now be behind them. The average rate on a 30-year fixed mortgage jumped to 4.39 percent from 4.17 percent, mortgage buyer Freddie Mac said Thursday. [...]
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Freddie continues to need Treasury aid: Regulator
May 26th, 2010Freddie continues to need Treasury aid: Regulator Housing finance giants Fannie Mae and Freddie Mac would not be able to continue to provide funding for the U.S. mortgage market — and continue to restore stability to it — without continued taxpayer assistance, a key regulator says. Read more on Market Watch
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