Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. Not of pertaining to an agency.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

non- +‎ agency

Examples

  • In addition to subprime bonds, conservative investors are re-entering the market for other so-called nonagency bonds, which means they aren't backed by Fannie Mae or Freddie Mac.

    Subprime Bonds Are Back

  • These securities also called nonagency bonds because they aren't guaranteed by government-sponsored enterprises such as Fannie Mae, Freddie Mac or Ginnie Mae offer portfolio managers as much as twice the yield of comparably rated corporate bonds yield and three times the payout on Treasurys.

    Toxic Debt Returns to Fashion

  • Known as "nonagency" mortgages, these don't conform to Fannie Mae and Freddie Mac standards.

    Prime Time? Investors Bet Against AAA

  • Doug Duncan, chief economist at the Mortgage Bankers Association, says the market for these "nonagency" mortgage securities eventually will recover, but only once investors feel they have better information about what kind of loans back the securities.

    Mortgage Crisis Extends Its Reach

  • These are "nonagency" securities, issued by Wall Street firms rather than Freddie or its main rival,

    Why Freddie's Loss

  • BlackBox Logic, which is majority-owned by Denver-based Braddock Holdings, has worked behind the scenes for two years to develop a database of more than 21 million "nonagency" mortgages, which are ...

    Denver Post: News: Breaking: Local

  • BlackBox Logic, which is majority-owned by Denver-based Braddock Holdings, has worked behind the scenes for two years to develop a database of more than 21 million "nonagency" mortgages, which aren't backed by Fannie Mae, Freddie Mac or other government-sponsored agencies.

    Denver Post: News: Breaking: Local

  • "It's probably going to look like this each week," said Jesse Litvak , a managing director and head of nonagency trading at Jefferies & Co., referring to the size of the auction.

    Fed to Auction More AIG Bonds

  • "PrimeX had been lagging the cash market on the way down so we should have expected some convergence," said Tim Dooley , head of nonagency residential mortgage-backed securities trading at Amherst Securities Group.

    Prime Signs of Pain Emerge

  • Current buyers say banks are now willing to lend them money so they can buy more of these bonds, a sign both of banks' increasing willingness to lend and the change in view among investors about the safety of nonagency bonds.

    Subprime Bonds Are Back

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