Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun One who or that which securitizes.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

securitize +‎ -er

Examples

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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,

  • 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"

  • 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

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

    NAACP Subprime Lawsuit

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.