Recent prepayment data has highlighted the more aggressive buyout activity in FNMAs relative to FHMLC Golds. 

In the October prepayment report, for example, speeds on 2008 and 2007 vintage 6s through 7s increased around 20% from the previous month, while FHMLC Golds were flat to slower on 6.5s and 7s and in line with expectations of a 10% on 6s. 

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