GSE-backed securities above the levels where even junk bonds were trading before the crisis.
Investors in GSE systems (8, GVP) can be forgiven for viewing it as one hot stock.
Even amid a global search for oil alternatives, it's hard to justify GSE's trailing earnings multiple of 160.
Not long after Crane received a hurt reply from the individual, vigorously protesting his description of the GSE.
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Meantime, GSE, with three nuclear simulators under construction, swung to a first-quarter loss on a 10% decrease in revenue.
Yet it could throw out the more stringent GSE standards, which have performed much more reliably than commercial backed loans.
While GSE's revenues and profits have risen sharply since 2006, the gains have come mostly from a lone United Arab Emirates contract.
The Obama administration doesn't have an exit strategy, and GSE reform isn't included in the Democrats' versions of financial regulatory overhaul legislation.
Tuesday, Nationstar said the servicing portfolio being acquired from Bank of America consists entirely of loans in government-sponsored enterprise, or GSE, pools.
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The Federal Housing Finance Agency, the new GSE regulator created by the housing bill, has placed new CEOs in charge of both firms.
Reading this article got me to thinking about our discussion (in the comments of your Feb 8 article) about GSE debt being asset-backed.
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Similarly, we've acted to stabilize the GSEs and to purchase GSE mortgage-backed securities, in order to increase the availability of affordable mortgage credit throughout our nation.
Additionally, when we were considering the stimulus package in early 2008, I proposed to Mr. Paulson that in addition to raising the jumbo loan limits for Fannie Mae and Freddie Mac, we include the GSE reform that the House had passed.
So given a certain amount of Treasury debt and a certain amount of GSE debt, more of the GSE debt is likely to be repaid because there is an extra mechanism for funding the repayment, and this mechanism is not politically painful.
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When former Congressman Richard Baker proposed to examine the compensation structure of Fannie and Freddie's top executives, and some members of Congress tried to block him, I explicitly spoke out in support of his right to do that and our right, as a Congress, to examine the GSE's compensation practices.
In its role as conservator of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that have been kept afloat with billions of taxpayer dollars since 2008, the FHFA noted that it has not filed suit against every issuer, nor on every private label mortgage-backed security (PLS) purchased by one of the GSEs.
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