MPP Demise--What's Next

Davenport, Todd; Paletta, Damian; Rehm, Barbara A.
March 2005
American Banker;3/4/2005, Vol. 170 Issue 43, p1
Trade Publication
Announces that the Federal Home Loan Bank of Seattle will stop buying mortgages, ending its Mortgage Purchase Program. Pressure from investors to end the program due to concerns about the vibrancy of the mortgage market; How legislators were debating reforms that would have limited major participants in the program; Analysis of the mortgage industry.


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