Hints and tips:
...Fannie Mae and Freddie Mac, the government-backed mortgage agencies, first accepted them for purchase more than a decade ago....
...Private-label mortgage securitisations are where home loans are packaged into bonds that are sold to big investors without the backing of government-guaranteed mortgage giants, such as Fannie Mae or Freddie...
...Indeed, M-Reits now hold more mortgage bonds than government state enterprises such as Fannie Mae....
...Sequoia Mortgage Trust 2013-1; Sequoia Mortgage Trust 2013-2; and Sequoia Mortgage Trust 2013-3....
...From April 2 the DTCC will guarantee settlement of all matched trades for bundled mortgage debt backed by Ginnie Mae, Freddie Mac and Fannie Mae, the government-related housing groups....
...Just think of 1998 (the Russian crisis and Long-Term Capital Management hedge fund implosion); 2007 (the mortgage securities and money market freeze); 2008 (the Fannie Mae “jolt”, which led to the Lehman...
...To create interest in new private-label mortgage debt, clarity on the future of Fannie and Freddie and pending financial regulation is needed, as well as an outcome for litigation over allegedly abusive...
...The loans were then sold on to private buyers and Fannie Mae and Freddie Mac, the quasi-government agencies that guarantee mortgages....
...Because Freddie Mac and its larger sibling, Fannie Mae, were taken over by the government in 2008 to help stem ballooning losses in their mortgage portfolios, the entities are largely seen as proxies for...
...News that Fannie Mae, the US government-controlled mortgage group, is still bleeding cash shouldn’t really come as a surprise. Nevertheless, the losses continue to astound us here at FT Alphaville....
...The US mortgage agency Fannie Mae, which owns or guarantees about one-third of Alt-A mortgages, presciently defined them as “loans underwritten with lower or alternative documentation than a full documentation...
...US officials on Tuesday unveiled a plan to aid homebuyers struggling to pay mortgages backed by Fannie Mae and Freddie Mac, in the latest attempt by the government and regulators to tackle the country’s...
...The US was forced to nationalise Fannie Mae and Freddie Mac, the state-sponsored companies that lent and guaranteed prime US mortgages. The dominoes started to fall and kept falling....
...For example, as of September 30, 2007 the federal government was in a $53,000bn dollar fiscal hole, equal to $455,000 per household and $175,000 per person....
...Richard Syron The former chairman and chief executive of Freddie Mac, Fannie’s smaller sibling, had previously been a senior official at the Federal Reserve and worked for the US Treasury as well as running...
...All of this occurred only two weeks after the massive federal rescue of Fannie Mae and Freddie Mac and three months after the collapse of Bear Stearns....
...In November 2007, the $7.5bn equity investment that Citigroup secured from the Abu Dhabi Investment Authority was almost as much as it spent on buy-backs in 2006 and 2007....
...When Mr Paulson indicated that there would be no repeat of the intervention that helped JPMorgan Chase’s acquisition of Bear Stearns and enabled the government takeover of Fannie Mae and Freddie Mac, the...
...The quasi-private, government-sponsored mortgage finance model in the US will not exist once the conservatorship of Fannie Mae and Freddie Mac has run its course....
...After all, it was the federal government that exhorted mortgage lenders to widen home ownership with scant regard for creditworthiness; it was the Federal Reserve that stoked the fires of speculation with...
...giants Freddie Mac and Fannie Mae, the costs of the $29bn March bail-out of investment bank Bear Stearns, the potential fallout from the various junk collateral the Federal Reserve has taken on to its balance...
...The SEC move comes just days after it pledged to clamp down on the spreading of false rumours – which many claim is rampant – and follows the government’s rescue plan for mortgage financiers Fannie Mae and...
...Fears about further credit losses that dominated early trading subsided as speculation mounted that the US government would not allow the country’s two big providers of mortgage finance, Fannie Mae and Freddie...
...The shares were followed up by Fannie Mae and Freddie Mac, the government-chartered mortgage finance companies that are also seeking to raise capital....
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