Definitions
from The Century Dictionary.
- noun A bond secured by a mortgage.
Etymologies
Sorry, no etymologies found.
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Examples
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Goldman paid $428 million for the Houston-based servicing company in 2007, when investment banks were rushing to buy stakes in subprime lenders and servicers hoping to boost their mortgage-bond trading operations and benefit from the steady stream of revenues cast off by servicing portfolios.
Ocwen to Buy Goldman's Mortgage-Servicing Arm Liz Moyer 2011
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As the Senate wrapped up its report, the Securities and Exchange Commission neared the end of an investigation that is likely to result in settlements with Wall Street firms that sold mortgage-bond deals at the heart of the financial crisis, according to people familiar with the situation.
Senate Report Lays Bare Mortgage Mess Carrick Mollenkamp 2011
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Tumbling mortgage-bond prices set off a race by Wall Street to exit money-losing trades in recent months, depriving banks of a profit source and leaving some firms potentially nursing losses in a pullback from risky assets.
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Tumbling mortgage-bond prices set off a race by Wall Street to exit money-losing trades in recent months, depriving banks of a profit source and leaving some firms potentially nursing losses in a pullback from risky assets.
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The question now for investors in Wall Street banks is whether the firms had bought sufficient protection against the mortgage-bond selloff.
Costly Rush Away From Risk Serena Ng 2011
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A tumble in mortgage-bond prices set off a race by Wall Street to exit from money-losing trades in recent months, depriving banks of a source of profit and leaving some firms potentially nursing losses.
Costly Rush Away From Risk Serena Ng 2011
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And three years after the financial crisis, U.S. securities regulators are weighing civil-fraud charges against some credit-rating companies, including Moody's Investors Service and Standard & Poor's, for their role in creating the mortgage-bond deals that helped unleash the financial crisis.
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Meanwhile, U.S. securities regulators are in talks with several major Wall Street banks to settle fraud allegations related to mortgage-bond deals that helped spur the financial crisis.
This Week: A Budget, a Budget Fight, Libya on the Brink 2011
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The question now for investors in Wall Street banks is whether the firms had bought sufficient protection against the mortgage-bond selloff.
Costly Rush Away From Risk Serena Ng 2011
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A tumble in mortgage-bond prices set off a race by Wall Street to exit from money-losing trades in recent months, depriving banks of a source of profit and leaving some firms potentially nursing losses.
Costly Rush Away From Risk Serena Ng 2011
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