treasury

Move and the Treasury Department to begin unloading its portfolio of mortgage debt is likely to add another point of pressure, albeit a small one, on the housing market is not in a position of the additional pressure. Later this month that the government is planning to shed about $ 10 billion in investments of $ 142 billion of securities backed by mortgages guaranteed by government-sponsored enterprises Fannie Mae and Freddie Mac. Sales will happen after that gradually over the next year or so.