From housingwire.com
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2008 Financial Crisis
This zine contains articles pertaining to the collapse of several major financial institutions in 2008.
The Federal Reserve Bank of New York bought $16bn of mortgage-backed securities (MBS) from housing finance agencies Freddie Mac (FRE: 1.23 -1.60%), Fannie Mae (FNM: 1.04 -7.14%) and Ginnie Mae in the week ending November 4.
The Fed bought $3.27bn from Freddie, $12.55bn from Fannie and $175m from Ginnie. For the first week in months, were [...]
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