Recession Fears Hit Risky Mortgage Debt Amid Default Concerns

Wall Street Journal, Oct. 19, 2022–Matt Grossman (subscription)
Investors are unloading securities sold by Fannie Mae and Freddie Mac that shift the risk of mortgage defaults away from taxpayers, a sign of growing concern about defaults if rising interest rates cause a severe recession.
https://www.wsj.com/articles/recession-fears-hit-risky-mortgage-debt-amid-default-concerns-11666141828?