Published by admin on 07 Sep 2008 at 01:04 pm
US Treasury to purchase $5 bln in Fannie, Freddie securities
The U.S. Treasury expects to purchase $5 billion of mortgage backed securities from Fannie Mae and Freddie Mac within the next month as part of its takeover of the mortgage finance giants.
Source: Reuters
Tags: Fannie Mae, Freddie Mac, mortgage finance, Reuters, Treasury, U.S. Treasury