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Home » Obama Housing Plan Projected to Produce Negative Consequence for MBS Investors
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Obama Housing Plan Projected to Produce Negative Consequence for MBS Investors

February 27, 2009
Certain aspects of the Obama administration’s Homeowner Affordability and Stability Plan are going to be “really adverse to the securitized market” and lead to higher costs for MBS investors, according to a recent review by the Amherst Securities Group led by analyst Laurie Goodman. “Our take: this program needs to be retooled,” Goodman stated. “The measures contained in this program...
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