Norway’s Oil Fund Drops Fannie and Freddie
Posted on 10/31/2011
In general, current U.S. mortgage debt investments are souring for institutional investors. Last week, Fannie Mae and Freddie Mac mortgage bonds fell after the United States FHFA made clear changes in guidelines for a government-supported refinancing program. Refinancing risk is a major concern for bond investors, especially in today’s low yielding fixed-income markets. The institutional […]