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Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6 billion for fiscal 2024. 26] The just-released CBO report lists the fiscal 2024 affordable housing program spending at $350 million with the gross subsidy at $7.3 See [link]. [25]
When this will happen: We will begin rolling out this change in early October 2023 (previously mid-September) and expect to complete by late March 2024. Current users have access to their accounts via Power BI for the Web and can switch to this option any time prior to retirement. Users can also export their content to OneNote.
billion in 2023 and is on pace to be an $11 billion market in 2024.” Footnotes 1 See the Federal Register, April 22, 2024, “Freddie Mac Proposed Purchase of Single-Family Closed-End Second Mortgages; Comment Request.” 9 See Urban Institute “Housing Finance At A Glance,” June 2024, page 6.
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