Hints and tips:
...These customers carry lower costs of capital than banks, making them a good home for many loans, Gray told the FT last May....
...These would include sliced and diced residential and commercial mortgage loans, aircraft and auto asset-backed securities and any other financial assets that can be lawfully commoditised....
...The Paces were among 10,507 borrowers whose home loans Countrywide packed into a set of securities called the CWABS Asset-Backed Certificates Trust 2005-11....
...The funds were in- vested heavily in U.S. home-mortgage-backed securities that had become nearly impossible to value....
...Similarly, all purchase and sale of equity shares and derivatives by the NPS Trust will also be exempt from the Securities Transaction Tax....
...US banks and corporations are almost certainly liquidating some of the assets they own overseas and bringing funds home to strengthen their balance sheets and reduce the amount they need to borrow in the...
...To build on this, today I can announce the introduction, following state aid approval, of the scheme to guarantee securities backed by mortgages – which will help to ease the flow of mortgage finance....
...“But I couldn’t fully trust it.”...
...For several years, investment banks had been scooping up millions of home loans and packaging them into specialised credit securities, which were structured to give investors a choice as to how much risk...
...In 1970, to compete with Fannie Mae in the secondary market, another GSE was created–the Federal Home Loan Mortgage Corporation, or Freddie Mac....
...land-based assets on a global scale....
...WFEL became part of United Technologies when the US defence company acquired Kidde in 2005, but Dunedin, the private equity house, has now backed a £48m management buy-out, bringing WFEL back into British...
...Even without Social Security, it increased from 6.8 per cent to 10.1 per cent. This is for 1998-2005; there was significant increase in 2006 but the data are not available yet....
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