securitizer

In October 2006, Frank Nothaft, the chief economist at Freddie Mac, a major securitizer of home mortgages, told me that Freddie Mac had financially modeled the impact of a price decline of up to 13.4 percent.

Infectious Exuberance 2008

Holding a 5% vertical slice wouldn ' t trigger the same capital requirements, the ASF said in its letter, because the securitizer would be exposed to less risk.

Loan-Rule Spat: Define Ruth Simon 2010

In October 2006, Frank Nothaft, the chief economist at Freddie Mac, a major securitizer of home mortgages, told me that Freddie Mac had financially modeled the impact of a price decline of up to 13.4 percent.

Infectious Exuberance 2008

In October 2006, Frank Nothaft, the chief economist at Freddie Mac, a major securitizer of home mortgages, told me that Freddie Mac had financially modeled the impact of a price decline of up to 13.4 percent.

Infectious Exuberance 2008

Countrywide was for years the biggest single customer of Fannie Mae, the giant government-sponsored mortgage securitizer that has since gone into federal conservatorship.

Dodd's Peek-A-Boo Disclosure 2009

The state attorney general's office said it appears to be the first time a subprime-mortgage securitizer such as an investment bank has settled a state investigation with a payment.

Goldman Settles Subprime Inquiry 2009

Another theme of the report is that each of the parties in the loan process -- from the securitizer to the broker -- have to have skin in the game.

To Start Rescue, 2009

Henninger's point is that the economic downturn was caused by "borrowers, lenders and securitizer shamans" who were "operating in a zero-gravity environment, aloft on moral hazard," which was due to a loss of "responsibility, restraint and remorse."

Mitchell Bard: It's Time for a War on the War on the "War on Christmas" 2008

To form a CDO that invests in subprime mortgages, a securitizer will buy up mezzanine tranches from perhaps 100 different mortgage-backed securities, and then package them in different tranches similar to the way a mortgage backed security was packaged in the first place.

Eugene Linden: The Ecology of Toxic Mortgages 2008

There is legal precedent for that thought, the 2006 Lehman case out of California made the securitizer liable.

NAACP Subprime Lawsuit Ellen Beth Gill 2008