Hints and tips:
...For example, you’re getting paid 150bp over Treasuries for the Fannie Mae sixes [Fannie Mae bonds with a 6 per cent coupon], and the average over history is like 75bp. Look at the chart!...
...But I don’t think they’re going to do it. Fannie Mae is paying something like 92 per cent of its revenues to the government, and Freddie is something like 73 per cent....
...Finally, when the MBS market first started taking off in the 1970s and 1980s it also needed a government quasi-guarantee in the form of backing from agencies like Fannie Mae and Freddie Mac....
...“There will now be a bifurcated market in crypto,” said Alison Jimenez, president of Dynamic Securities Analytics, a securities litigation consultancy....
...Fannie Mae’s pause followed the pivotal event for the mortgage market, namely the collapse on Friday of Silicon Valley Bank....
...This was followed by similar deals by other US mortgage agencies such as Freddie Mac and Fannie Mae, to little fanfare....
...People were not doing what they’re supposed to do,” said Hatzakis, who previously worked at banks including Goldman Sachs and Bank of America in a two-decade career on Wall Street....
...After the run on SVB, banks will probably need to reduce their holdings of mortgage-backed securities that are guaranteed by the likes of Fannie Mae and Freddie Mac....
...Sujeet Indap So if you’re a public company, obviously you report four times a year, you publish securities filings. That’s time consuming and onerous and you’re subject to SEC regulation....
...The Securities and Exchange Commission, led by chair Gary Gensler, has proposed several new regulations that would constrain hedge funds and high-speed dealers in the Treasury market....
...US financial system in 2008....
...“They’re plaintiff’s lawyers interested in making money as plaintiff’s lawyers,” says Estrich....
...and 2008....
...“Companies are seeing this litigation and this risk and are just starting to slow down,” he said....
...“The whole concept was we’re not going to foreclose,” says one borrower involved in numerous negotiations. “They’re in the business of ideally doing multiple deals with your portfolio companies....
...“China feels to us like the US and Europe in 2008,” he said. It’s extremely rare for top executives doing business in China to criticise the local government....
...In 2008, the firm was renamed Thoma Bravo as it focused exclusively on software....
...That includes buying up to $600bn of mortgage bonds of government-sponsored housing enterprises such as Fannie Mae and Freddie Mac, and lending up to $200bn to holders of AAA-rated securities backed by auto...
...They will cite the controversial history of Fannie Mae, which needed a rescue in the 2008 financial crisis, and Barack Obama’s subsidies for solar panels, some of which went to providers that later went...
...They have been in discussions about the terms of an amendment to the preferred stock purchase agreement (PSPA), which covers the government’s controlling investment in Fannie Mae and Freddie Mac, the two...
...US Supreme Court deals blow to Fannie and Freddie shareholders Shares in Fannie Mae and Freddie Mac plunged by more than a third yesterday after the Supreme Court threw out investors’ claims that the US...
...Ivana Trump’s reported $14m settlement in 1991, for example, now seems like a rounding error in a Gates estate that includes a $55bn philanthropic foundation or an Onassis split that involved litigation...
...In 2012 I argued that litigation funding and especially Burford (valued at 105p at the time) was worth investigating....
...Klain has also had a spell as a lobbyist, working for clients including Fannie Mae, the government-backed mortgage giant....
...national security in addition to the CMA’s competition concerns....
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