Some of these funds appear to have used asset-backed securities to boost the yield.
" He added, "If I were the Fed, I would stop buying mortgage-backed securities today.
Another 37% of the total is pooled asset-backed securities, which are usually issued by leasing companies.
Questions about the value of the mortgage-backed securities have caused some wild gyrations on Wall Street.
JPMorgan is eagerly hiring commodity and energy traders, and mortgage-backed securities and equity derivatives specialists.
The mortgage-backed securities experienced dramatic, unprecedented declines in value, effectively rendering five corporates insolvent.
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In theory, purchasing mortgage backed securities may buttress or accelerate the nascent housing recovery.
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GSE-backed securities above the levels where even junk bonds were trading before the crisis.
There is also another way in which owners of mortgage-backed securities could be hurt.
One of her former students oversees the mortgage-backed securities repurchasing program at the Fed.
It is presumed that the market for the riskiest mortgage-backed securities has seized up.
After being left for dead in 2008, there are signs of rebirth in asset backed securities.
Monolines grew in importance and power in tandem with the rise of mortgage backed securities.
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With that market already collapsed, the agencies say they weren't rating new mortgage-backed securities.
Until global credit markets froze late last summer, Britain's banks were great fans of mortgage-backed securities.
If your bonus depends on creating and selling mortgage-backed securities you will create and sell mortgage backeds.
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It also widened the category of assets banks could advance as collateral to include top-rated mortgage-backed securities.
Packaging the loans into mortgage-backed securities that are sold to investors can lessen the risk to lenders.
These mortgage-backed securities are 50% less sensitive to prepayment when rates fall than comparable Fannie Mae bonds.
Mortgage-backed securities, the fund's biggest category, accounted for 52% of holdings, down slightly from 53% in April.
And backed by the biggest investors in bum mortgage-backed securities, she has a mandate to lay siege.
The value of mortgage-backed securities dropped precipitously this year after low-grade mortgages began defaulting at higher rates.
The two funds' collapse also led investors to question how big firms were valuing their mortgage-backed securities.
In QE1, the Fed purchased non-traditional assets for its portfolio, including mortgage backed securities (MBS) and derivatives.
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Fannie and Freddie played a significant role in the explosion of subprime mortgages and subprime mortgage-backed securities.
The insurer covered billions of dollars in risky derivatives on commercial mortgage-backed securities that also went bad.
And confidence in credit-card asset-backed securities is pretty firm despite paralysis in other corners of structured finance.
The trouble is that these firms have recently insured a lot of risky debt products like mortgage-backed securities.
Meanwhile, BlackRock's allocation at quarter end was 13.9% corporate bonds and 29.5% residential mortgage backed securities, among others.
Before the 2008 housing debacle, investors were pitched subprime mortgage-backed securities that appeared to offer guaranteed high returns.
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