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Freddie Mac Portfolio Shrinks

snigletsniglet
edited February 2008 in Housing Bubble
It 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.

http://www.reuters.com/article/bondsNews/idUSN2144837520080221

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