Taxpayers Earn Tidy $25 Billion Profit on Government MBS Sale

The U.S. Department of the Treasury announced Monday that it had completed the sell-off of its portfolio of mortgage-backed securities,

The U.S. Department of the Treasury announced Monday that it had completed the sell-off of its portfolio of mortgage-backed securities, purchased to buoy the housing market and access to mortgage credit during the depth of the financial crisis in 2008 and 2009.

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Taxpayers Earn Tidy $25 Billion Profit on Government MBS Sale