from Nov. 30 to Dec. 6, compared with $3.447 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday.
In a move to help the housing market begun in October 2011, the U.S. central bank has been using funds from principal paymentson the agency debt and agency mortgage-backed securities, or MBS, it holds to reinvest in agency MBS.The New York Fed said on its website the Fed sold no mortgage securities guaranteed by Fannie Mae