Sentences with phrase «mortgage assets in»

Just look at how poorly it valued mortgage assets in 2003 - 2007.

Our financing strategy is designed to increase the size of our portfolio by borrowing against a substantial portion of the market value of the residential mortgage assets in our portfolio.

Not exact matches

BMO Financial Group says it has entered into a definitive agreement to buy the fixed income broker - dealer, which specializes in the institutional investor market for U.S. mortgage - backed and asset - backed securities.

The financial services holding company operates almost 2,000 financial centers in the U.S., offering banking services, asset management, securities brokerage and mortgage and insurance services.

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.

The No. 1 U.S. mortgage financing company swung back from a net loss of $ 6.53 billion in the fourth quarter due to a $ 9.9 billion writedown of its deferred tax assets tied to the sweeping federal tax...

The result is an increase in carve - out deals, add - on acquisitions, and more firms building their own businesses around assets like wireless towers or servicing mortgages.

The agency, created in 1946 to build houses for veterans of the Second World War, liked to describe itself as the «heart of housing» — an enormous Crown corporation that dominated the mortgage insurance market, guaranteed complex, bond - like assets called mortgage - backed securities, and subsidized the building and upkeep of First Nations and social housing.

March 23: U.S. Treasury Secretary Timothy Geithner unveils plans to buy as much as US$ 2 trillion in unwanted mortgages and other «toxic assets» from banks.

In 2007 Mulally borrowed $ 23.6 billion by mortgaging all of Ford's assets, including the famous Ford Blue Oval, and acted decisively to focus on the Ford brand by spinning off Jaguar and Land Rover.

Based in Winston - Salem, N.C., the company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services.

Under the new changes, «small creditor» — now defined as institutions with less than $ 2 billion in assets originating fewer than 500 first - lien mortgages per calendar year — would now apply to a 2,000 - loan annual origination limit, effectively easing the path for more banks and credit unions to comply with the ability - to - repay rule.

During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.

The cascading effect of the sharp increase in mortgage delinquencies and the resulting steep decline in the market value of mortgage assets was a key contributing factor to the financial crisis.

Instead of waiting and saving the additional $ 11,875 to purchase that $ 475,000 home with 5 % equity, the example buyer now has only 2.5 % equity in their asset, and 2.5 % more in a mortgage.

From 2000 to 2007, Mr. Weintraub headed the Agency MBS business, and, in 2008, he co-headed U.S. Residential Mortgage and Asset Backed Securities Trading.

Real estate might be second to the bottom of the list, but it's at the top of the list of money - making assets thanks to depreciation, mortgage interest deduction, the 1031 Exchange, and the $ 250,000 / $ 500,000 in tax - free profits upon sale.

The fund may invest in asset - backed («ABS») and mortgage - backed securities («MBS») which are subject to credit, prepayment and extension risk, and react differently to changes in interest rates than other bonds.

After another strong trading year in 2015 I decided that rather than investing all of my savings that year in liquid assets that I would aggressively pay down my home mortgage.

Most of the asset - backed securities in the dataset are underpinned by residential mortgages, covering around $ 400 billion of mortgages or about one - quarter of the total value of housing loans in Australia.

«If the outlook for the labor market does not improve substantially, the committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability,» the Fed's announcement stated.

The FOMC's annoucement after their meeting on Wednesday affirmed the Fed's QE3 policy, offering no changes, while stating, «If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.»

Prior to joining Cerberus he served as a managing director of Nomura Securities from 2009 until October 2012, where he specialized in the sourcing and distribution of distressed mortgage assets and organized a securitized mortgage distribution team.

Sectors in the index include Treasuries, government - related and corporate securities, mortgage - backed securities (MBS)-- agency fixed - rate and hybrid ARM pass - throughs - asset - backed securities (ABS), and commercial mortgage - backed securities (CMBS).

NexPoint Strategic Opportunities Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities.

So many mortgages, so many assets and so many banks themselves have negative equity — that is, they owe more debt than their assets are worth — that there is no point in buying assets right now.

Even as the Federal Reserve reduces its investments in mortgage - backed securities, there are good reasons to be bullish on these assets.

In an effort to restart the securitization market, on November 25, the Fed announced the Term Asset Backed Securities Loan Facility (TALF).14 In December, the FOMC announced that it would begin to significantly expand its balance sheet through purchases of long - term assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP program.

NexPoint Strategic Opportunity Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities.

Chart 2 highlights the growth in securitization across many different asset categories besides residential mortgages, such as commercial real estate loans, auto loans, credit card loans and student loans.

Government bond funds invest in bonds issued by the U.S. government and government - sponsored enterprises, as well as mortgage and other asset - backed securities.

Among the likely changes to Dodd - Frank: raising the threshold for tougher oversight from the current $ 50 billion in assets to $ 250 billion; exempting small banks from the so - called Volcker rule, which currently bars them from speculative trading; reducing the amount of financial reporting, particularly racial and income data on mortgage holders; lowering the frequency of regulatory exams; and easing the conditions of stress tests.

Investments in asset backed and mortgage backed securities are subject to prepayment risk which can limit the potential for gain during a declining interest rate environment and increases the potential for loss in a rising interest rate environment.

«We saw total average deposit growth; loan growth in our residential mortgage, credit card and subscription finance portfolios; as well as higher assets under management in Wealth and Investment Management.»

Our investment team will typically select 25 — 50 bonds5 per account, and may invest in a mix of corporate bonds, U.S. Treasuries, government agencies, mortgage and asset - backed bonds, taxable municipal bonds, and floating - rate bonds.

In general, it is a better measure than average maturity for bonds that have the ability to prepay principal before they reach maturity (e.g., mortgages, mortgage - backed securities and asset - backed securities).

Franklin Limited Duration Income (FTF) is a closed end fund that seeks high current income and capital appreciation through investment in high yield corporate bonds, floating rate bank loans and mortgage and other asset backed securities.

Mortgage - and other asset - backed investments carry the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise.

Moreover, to support a stronger economic recovery, the FOMC is purchasing long - term Treasury securities at a rate of $ 45 billion per month and agency mortgage - backed securities (MBS) at a rate of $ 40 billion per month, and will continue purchasing assets until it sees substantial improvement in the outlook for the labor market, conditional on ongoing assessment of benefits and costs.

As investors left the housing market in the run - up to the meltdown, Wall Street sliced up and repackaged troubled assets based on those shaky mortgages, often buying those new packages themselves.

This failure of systematic thinking is why they've responded to the devastating consequences of a yield - seeking mortgage bubble by encouraging yet another yield - seeking bubble, but this time in virtually every class of risky assets.

12) To better secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.

Credit scores, LTV, and assets now play a very large role in mortgage qualification.

Today, in contrast, the Fed presides over a vast portfolio, with assets consisting mainly of long - term Treasury securities and mortgage - backed securities, instead of the short - term Treasuries it once held; and that portfolio is funded more by banks» holdings of substantial excess reserves than by circulating Federal Reserve notes.

Now, in addition to developing relationships and winning assets, they are advising clients on products that are more akin to banking, such as home loans and mortgages.»

The Fed would likely reduce its reinvestment of its mortgage - backed securities in the first half of next year, following an interest rate increase, while the BOJ and ECB both reduce asset purchases around the middle of 2016.

REIT investors tend to fear rising rates, particularly investors in residential mortgage REITs, where many of the assets are fixed rate, but the liabilities float — but BXMT is different.

Our clients have access to flexible programs and options — construction financing, 100 - percent financing with the pledge of qualified assets in lieu of a cash down payment, and hybrid mortgages — often closing within 30 days.

The 21 - story office building at 850 Third Avenue, meanwhile, has a $ 236 million mortgage from Morgan Stanley, and the Cassa Hotel is backing another $ 65 million in debt from the asset manager PCCP.

In general, lenders want to make sure that you have ample assets to make a downpayment (where applicable); to cover closing costs which are due at settlement; and, to have at least two month's worth of mortgage payments available to you.