Housing Mortgages Information

Fed Purchases $21.125BN Agency MBS in Week Ending July 22

July 23, 2009 – 1:12 pm The goal of the Federal Reserve's agency MBS program is to provide support to mortgage and housing markets and to foster improved conditions in financial markets more generally. Only fixed-rate agency MBS securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae are eligible assets for the program. The program includes, but is not limited to, 30-year, 20-year and 15-year securities of these issuers....(read more)