Taiwan Bails On Agency Debt

By |2008-11-06T16:34:05-05:00November 6th, 2008|Economy|

Well, not exactly, but Taiwan has apparently moved to limit investments in the two mortgage agencies now in conservatorship (via Barrons): Taiwan’s financial regulators reportedly have ordered that nation’s insurance companies to pare their holdings of the debt and mortgage-backed securities of Fannie Mae (ticker: FNM), Freddie Mac (FRE) and Ginnie Mae securities, according to [...]