The Fed Now Owns Nearly One Third of All U.S. Mortgages

by Mike ‘Mish’ Shedlock
The Street

The Fed’s balance sheet is ballooning out of control.

Nearly $7 Trillion in Securities, $2 Trillion Mortgages

As of August 26, 2020 the Fed’s Balance Sheet is nearly $7 trillion total of which $3.7 trillion are notes or bonds, and nearly $2 trillion in mortgages (Fannie Mae, Freddie Mac, or Ginnie Mae).

No End in Sight to Fed’s Mortgage Buying Spree

Bloomberg reports No End in Sight to Fed’s Mortgage Buying Spree.

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