Fannie Mae and Freddie Mac to Buy $200B Mortgage Bonds, Doubling $230B Holdings

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FHFA Director confirmed Fannie Mae and Freddie Mac have bought $3bn in mortgage bonds and will purchase $200bn more, potentially doubling their $230bn combined holdings. The expanded bond-buying program follows President Trump’s directive and seeks to boost lender liquidity to lower 30-year mortgage rates.

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