The mortgage-backed securities portfolio (MBS) that the U.S. Department of the Treasury acquired in response to the financial crisis has been wrapped up.
The portfolio generated an overall return of $25 billion dollars for investors (taxpayers).
“Treasury invested $225 billion in MBS during 2008 and 2009 through authority provided to it by Congress under the Housing and Economic Recovery Act of 2008. These MBS purchases helped preserve access to mortgage credit during a period of unprecedented market stress. Overall, taxpayers received total cash returns of $250 billion from this MBS portfolio through sales, principal, and interest – $25 billion more than their initial investment.”