Sentences with phrase «illiquid mortgage assets»
Mr. Paulson defended his «troubled asset relief program» (TARP) by claiming that «illiquid mortgage assets... have lost value... choking off the flow of credit that is so vitally important to our economy.»
http://michael-hudson.com/ Not exact matches
SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.
For instance, there are companies that specialize in securitizing the mortgages (a way of turning an illiquid asset into an investable security), as well as groups that focus on packaging cash from hundreds of investors and turning it into developer loans (also known as syndicated mortgages).
Dr. Wade Pfau's new book, Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement explains how, when used correctly, reverse mortgages can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquMortgages: How to use Reverse Mortgages to Secure Your Retirement explains how, when used correctly, reverse mortgages can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquMortgages to Secure Your Retirement explains how, when used correctly, reverse mortgages can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiqumortgages can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquid asset.
These are specialist funds, kept separate from their parent company's balance sheet, that invest in illiquid assets, such as securities backed by subprime mortgages.
«The Continued Risk of Troubled Assets», the latest report from the Congressional Oversight Panel (COP), points out the ongoing risks that commercial and residential mortgage - backed securities (CMBS and RMBS, respectively), along with other illiquid troubled assets, pose for financial institutions and the financial sAssets», the latest report from the Congressional Oversight Panel (COP), points out the ongoing risks that commercial and residential mortgage - backed securities (CMBS and RMBS, respectively), along with other illiquid troubled assets, pose for financial institutions and the financial sassets, pose for financial institutions and the financial system.
A reverse mortgage can help retirees convert an illiquid asset — a house — into a liquid one that can help supplement retirement income while allowing them to remain in the home.