NYLX and Ellie MAe announce enhanced integration between Encompass LOS and NYLX pricing solution
New York Fed begins purchasing mortgage-backed securities MortgagePress.commortgage-backed securities, Federal Reserve Bank of New York, Fannie Mae, Freddie Mac, Ginnie Mae The Federal Reserve Bank of New York has began purchasing fixed-rate, mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. Selected private investment managers are acting as agents of the New York Fed in these purchases. Summary data detailing these operations will be available on the New York Fed's website beginning Thursday, Jan. 8, and will be updated on a weekly basis each Thursday. This program, first announced on Nov. 25, 2008, is intended to support the mortgage and housing markets and foster improved conditions in financial markets more generally. For more information, visit ny.frb.org.