New York Fed to aggregate part of its Ginnie Mae holdings

System Open Market Account (SOMA) Recent Developments. 2010, the Federal Reserve Bank of New York (FRBNY) began to use its own staff on select days to transact directly in the secondary market for agency MBS as part of the LSAPs, consistent with previously announced plans.. of Fannie Mae.

In addition, the New york fed publishes the most recent soma agency mbs transaction activity in more detail on its website on a weekly basis. The New York Fed also publishes on a weekly basis detailed data on all settled SOMA agency MBS holdings.

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In addition, the New York Fed will include a listing of the individual agency MBS CUSIPs underlying each of its aggregated CUSIPs in the agency MBS holdings report published on its public website each week.

Data as of June 29, 2018. That round resulted in the purchase of $1.250 trillion of MBS guaranteed by Fannie Mae, Freddie Mac, and ginnie mae (table 4a) and $172 billion of debt securities issued by the housing GSEs (table 5) between January 2009 and March 2010. In September 2011, the Federal Reserve announced the second round.

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The New York Fed publishes detailed data on all settled SOMA agency MBS holdings on its public website on a weekly basis. As CUSIP aggregations take place, this weekly publication will include a listing of the individual agency MBS CUSIPs underlying each aggregated CUSIP.

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The Federal Reserve Bank of New York is streamlining its Ginnie Mae holdings by combining mortgage-backed securities with similar characteristics into larger pass-through instruments. The process, called CUSIP aggregation, is commonly used by other MBS holders and the New York Fed already has done this to consolidate its Fannie Mae and Freddie Mac holdings, it said in an operating policy statement.

New York Fed to aggregate part of its Ginnie Mae holdings The Federal Reserve Bank of New York is streamlining its Ginnie Mae holdings by combining mortgage-backed securities with similar characteristics into larger pass-through instruments.