Goodbye, Federal Reserve, Hello Fannie and Freddie
April 01, 2010 at 02:05 AM EDT
Fannie, Freddie may fill Fed void in mortgage market – With the Federal Reserve ending its 15-month $1.25 trillion mortgage bond buying binge on Wednesday, delinquent loan buyouts by Fannie Mae (FNM) and Freddie Mac (FRE) could serve as the saving grace for the $5 trillion agency mortgage-backed securities market. – Reuters
