Definitions
Sorry, no definitions found. Check out and contribute to the discussion of this word!
Etymologies
Sorry, no etymologies found.
Examples
-
The agency, charged with conserving the assets of Fannie Mae and Freddie, is accusing the large banks of violating federal securities law and other laws in the sale of residential private-label mortgage-backed securities.
-
Foreclosure sales rose on loans that are in private-label mortgage-backed securities, which aren't guaranteed by government entities and which are serviced by nonbank companies that weren't subject to the consent orders.
-
At year-end 2010 the Federal Reserve Banks held $2.224 trillion now $2.464 trillion of U.S. Treasury securities and long-term mortgage-backed securities.
-
Interest rates are low, allowing them to borrow cheaply, while the so-called yield curve—the spread between borrowing costs and the money that can be made on long-term mortgage-backed securities—is steep.
-
At year-end 2010 the Federal Reserve Banks held $2.224 trillion now $2.464 trillion of U.S. Treasury securities and long-term mortgage-backed securities.
-
Issuance of private-label mortgage-backed securities increased dramatically from 2001 to 2007, and is where most of the problem lies.
-
Wells Fargo spokesman Ancel Martinez said the settlement "is intended to avoid the distraction and expense of litigation" and to resolve class-action securities-law claims by investors in private-label mortgage-backed securities.
-
The agency, charged with conserving the assets of failed mortgage giants Fannie Mae and Freddie Mac, is accusing the large banks of violating federal securities law and other laws in the sale of residential private-label mortgage-backed securities.
-
The head lawyer for the group of investors including BlackRock, Kathy Patrick of Gibbs & Bruns, said in a statement, "This settlement is a significant achievement for investors in private-label mortgage-backed securities."
-
The head lawyer for the group of investors including BlackRock, Kathy Patrick of Gibbs & Bruns, said in a statement, "This settlement is a significant achievement for investors in private-label mortgage-backed securities."
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.