Freddie Mac Portfolio Shrinks
Posted: Thu Feb 21, 2008 1:00 pmIt doesn't look as if the GSEs are doing their bit to pick up the slack in the real-estate market. Freddie Mac reported that it's portfolio shrank again in January.
If the GSEs keep shrinking their portfolios I don't see how allowing them to purchase mortgages above $417,000 is going to suddenly re-charge housing prices.
If the GSEs keep shrinking their portfolios I don't see how allowing them to purchase mortgages above $417,000 is going to suddenly re-charge housing prices.
