From Bank Credit Analyst:
The joint initiative announced by Fannie Mae, Freddie Mac, and their regulator, the OFHEO, should provide a strong boost to the mortgage market and allow prime MBS and other high-quality credit spreads to tighten.
The joint initiative announced by Fannie Mae, Freddie Mac, and their regulator, the OFHEO, should provide a strong boost to the mortgage market and allow prime MBS and other high-quality credit spreads to tighten.
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