GSEs Hold Fewer Mortgage Securities in Portfolio As Non-Agency Product Slowly Winds Down
August 13, 2010
Although Fannie Mae and Freddie Mac are supposed to be letting their mortgage-related portfolios gradually decline, the combined holdings of the two government-sponsored enterprises have actually increased over the first half of 2010. The two GSEs held some $1.557 trillion of mortgages and MBS in portfolio as of the end of June, an increase of... [Includes one data chart]