Fannie Mae and Freddie Mac have begun placing sizable orders to purchase mortgage-backed securities, stepping into a market roiled by widening bond spreads and a surge in volatility, according to a person with direct knowledge of the matter. Fannie and Freddie, which purchase and package home loans into securities and financially guarantee them to buyers, rank among the largest holders of US mortgage debt via their so-called retained portfolios — the bonds and loans they hold onto rather than sell to investors. Since the middle of last year the portfolios have been on the rise again, climbing to $278 billion as of January, according to the most recent data available.
Author: Bloomberg
Published at: 2026-03-23 22:32:54
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