U.S. Treasury sells MBS portfolio for $25 billion profit

WASHINGTON (Reuters) - The Treasury Department said on Monday it has completed the sale of a $225-billion portfolio of mortgage-backed securities it bought in 2008 and 2009 amid the financial crisis and made a $25 billion profit. "The successful sale of these securities marks another important milestone in the wind down of the government's emergency financial crisis response efforts," Treasury's assistant secretary for financial markets, Mary Miller, said in a statement. ...