GSE Market Unscathed By Downgrade

08 Aug 2011

The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.

The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.

“My expectation was that we’d open up a little wider, but stabilize over the medium term,” said Janaki Rao, analyst at ...

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