The Fed added $135.87 billion to its agency MBS holdings during the second quarter. That accounted for just over half of the growth in agency MBS outstanding during that period.
The CEO detailed a variety of plans, from establishing asset management operations to venturing into home-equity products and expanding its footprint in business-purpose lending.
One trend seemed clear: Real estate investment trusts that specialize in purchasing agency securities continue to scour the markets for different investments...