Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
& Co., Inc. is known for its leadership in the development of financial research and analytics, mortgage-backed securities product development, valuation and hedging, housing policy and GSE reform, and credit risk transfer transactions.
It's also Credit Suisse's latest run-in with U.S. authorities, following settlements worth hundreds of millions of dollars over mortgage-backed securities that were behind the 2008 financial crisis.
Its target allocation is 60% private real estate and 40% real estate securities, including commercial and residential mortgage-backed securities.
PHIR scores are particularly relevant for investors in residential mortgage-backed securities and US municipal bonds.
So first of all, what is a mortgage-backed security, at a high level, and how does the law construct them?
Source: https://www.nytimes.com/2023/01/13/opinion/ezra-klein-podcast-katharina-pistor.html
The Change Company’s mortgage-backed securities can be particularly attractive to socially minded investors, as well as banks subject to the Community Reinvestment Act, which requires firms to help provide financing to underserved communities.
The Fed’s reversal policy here also remains as was, as it continues to allow some US$60bn of Treasuries and US$35bn of mortgage-backed securities to roll off their balance sheet on a monthly basis.
The ploy worked—and appears to be working today—but at the cost of devaluing interest rate-sensitive assets, like the U.S Treasuries and mortgage-backed securities that make up a large portion of many banks’ balance sheets.
Source: https://fortune.com/2023/03/21/what-is-savings-loan-crisis-1980s-similarities-svb-silicon-valley/