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Volume 2010 - Number 6

February 12, 2010

Fannie and Freddie Announce Plans for Mass Buy-Outs of Delinquencies from MBS Pools

Agency MBS investors could see the writing on the wall when new accounting standards emerged last year that could make it more economical for Fannie Mae and Freddie Mac to repurchase seriously distressed loans from MBS pools. It was mostly a matter of when and how fast. The government-sponsored enterprises answered those questions this week: soon and very quickly...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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