Fannie Mae-No Politics (FNMA)

[Rodney5]

Barron, From Board of Governors of the Federal Reserve System
95th Annual Report 2008

Quote: "In secondary mortgage markets, securitization of mortgages by Fannie Mae and Freddie Mac has fallen in recent months, and gross issuance of GSE-backed MBS has lately just out paced maturing issues so that levels outstanding have only inched up since the summer." End of Quote

Quote: "since the November 25 announcement of the Federal Reserve’s program to purchase MBS issued by the housing GSEs and Ginnie Mae, and they currently stand at 5 percent." End of Quote page 19

Link: https://www.federalreserve.gov/boarddocs/rptcongress/annual08/pdf/AR08.pdf