Fannie Mae, Freddie Mac’s total portfolio at multiyear high

Growth in mortgage-backed securities holdings pushed the government-sponsored enterprises’ combined retained portfolios up past a previous multiyear high in January, when President Trump directed them to expand MBS purchases.

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Together, Fannie Mae and Freddie Mac’s total loan and MBS holdings rose to $278.45 billion during January from $271.69 billion the previous month and…