![]() ![]() "The Fed bought up pretty much all the mortgage debt that Freddie Mac, Fannie Mae and the other GSEs (Government Sponsored Enterprises) bundled up and put out on the market. In a research note sent to its institutional clients last week, the Shanghai, China-headquartered broker-dealer said explained that with $3.5 trillion-worth of assets added to the central bank's balance sheet shince the onset of the great financial crisis of 2008, it would not be a small matter to find buyers willing to relieve it of the burden. ![]() SHANGHAI, CHINA, Aug/24-7PressRelease/ - Ashton Whiteley have cast doubt on the ability of the US Federal Reserve to reduce its burgeoning balance sheet during the current economic cycle and, potentially, much further beyond. The Fed bought up pretty much all the mortgage debt that Freddie Mac, Fannie Mae and the other GSEs (Government Sponsored Enterprises) bundled up and put out on the market.
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