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Oct
The Federal Reserve said this week it will no longer buy mortgage backed securities from Fannie Mae and Freddie Mac. Some people worry mortgage rates could rise as a result. Senior Editor Paddy Hirsch explains why.
The Federal Reserve said this week it will no longer buy mortgage backed securities from Fannie Mae and Freddie Mac. Some people worry mortgage rates could rise as a result. Senior Editor Paddy Hirsch explains why.
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Rep. Alan Grayson explores Fannie Mae’s use of derivatives with Federal Home Finance Agency chief James Lockhart in a Financial Services Capital Markets Subcommittee hearing on June 3, 2009.