#mbs-purchases

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#mortgage-rates #fannie-mae--freddie-mac #refinance-demand #pspa-amendment #gse-policy
US politics
fromwww.housingwire.com
1 week ago

Mortgage rates fall near 6% with GSEs set to boost MBS purchases

GSE purchases of MBS and announced buying plans pushed mortgage rates down, creating potential refinance opportunities and meaningful monthly savings for borrowers.
fromwww.housingwire.com
3 months ago

Trade groups push plan to let GSEs buy MBS to ease mortgage rates

The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the GSEs to purchase up to $300 billion of their own MBS and Ginnie Mae MBS when the spread between the 30-year mortgage rate and the 10-year Treasury exceeds 170 basis points The proposal was outlined in a letter sent by the Community Home Lenders of America (CHLA) and the Independent Community Bankers of America (ICBA) to the Treasury Secretary Scott Bessent and the Federal Housing Finance Agency (FHFA) Director Bill Pulte.
US politics
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