Following a government takeover designed to bolster confidence, Agency MBS spreads are nearing levels seen before the Bear Stearns collapse.

1 report, 1 independent Updated May 20

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Fannie Mae Freddie Mac

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Part of

The FED bought mortgage-backed securities involving Freddie Mac. All 1 developments

The entities involved

Fannie Mae
government-backed financial services company
- FED's actions are influencing the mortgage bond market, impacting Fannie Mae and Freddie Mac.Mon 07:32
- Bill Pulte was named chairman of Fannie Mae and Freddie Mac, and advocated for firing Jerome Powell.Sun 22:18
Freddie Mac
American government-sponsored enterprise
- Hakeem Jeffries demands Bill Pulte's withdrawal while Donald Trump appoints Pulte as acting director and asks Congress for a law extension.Sun 22:02
- Donald Trump appointed Bill Pulte as Acting Director of National Intelligence, while Pulte continues to oversee Fannie Mae and Freddie Mac.Sun 20:38

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Coverage

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May 20housingwireProblems Pile Up in Agency MBS Market