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Re: Danna post# 71535

Wednesday, 06/19/2013 3:18:55 PM

Wednesday, June 19, 2013 3:18:55 PM

Post# of 796683
He was specifically saying that, in terms of who owns the majority of the MBS market, the Fed itself only holds a small percent of all the MBSs out there. Then he said Fannie and Freddie "are it", because they own he majority of MBSs.

But, as I posted, he also added that the Fed owns some Fannie and Freddie securities, and they "find it useful" to do so.