GSE Retained Portfolios Declined Again in Second Quarter Despite Freddie Bump in June
August 7, 2009
After a growth spurt in early 2009, Fannie Mae and Freddie Mac saw their retained portfolios decline slightly during the second quarter of this year as aggressive MBS purchases by the Federal Reserve and the U.S. Treasury have helped crimp their investment opportunities.The two government-sponsored enterprises had some $1.622 trillion of mortgage-related investments... [Includes one chart]