Commercial Banks Move to Top of MBS Investor Ranking But U.S. Government is Closing Fast
September 25, 2009
Commercial banks increased their holdings of residential MBS by 3.9 percent in the second quarter of 2009, but it was enough to lift the industry to the top ranking among different classes of investors in mortgage securities. The fastest-growing investor in the MBS market is the federal government. Together, the U.S. Treasury and the Federal Reserve held some... [Includes one chart and one graph]