Fannie Mae not doing enough to help with mortgages during coronavirus crisis

As I mentioned a few columns back, people are going to have trouble paying their mortgages under “forbearance” plans. They won’t be able to come up with, say, three months’ worth of delayed mortgage payments all at once when this crisis is over. Fannie Mae, which owns most of the mortgages in this country, put […]

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Mortgages See Swift Turnaround on Fed Buying, Falling Volatility

© Reuters. Mortgages See Swift Turnaround on Fed Buying, Falling Volatility (Bloomberg) — Mortgage performance for the year had been lagging Treasuries by 2.87% as recently as last week, but historic levels of support from the Federal Reserve and a precipitous drop in volatility have sent agency MBS prices surging higher and significantly narrowed the […]

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