March 19th, 2012 
davidguide More than $200 billion in agency mortgage-backed securities acquired by the U.S. government at the height of the financial crisis has netted taxpayers a more than 10 percent return. The Housing and Economic Recovery Act of 2008 was signed into law by President George W. Bush on July 30, 2008. Among the provisions of the law was authorization for the Department of the Treasury to invest in MBS guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.
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