The central bank's current holdings are equal to around a quarter of the total agency
mortgage bonds outstanding, according to data from the Securities Industry and Financial Markets Association.
Not exact matches
Is there any reason why someone with an
outstanding mortgage should buy
bonds rather than service their own more expensive debt?
NEW YORK - Thursday, October 6, 2011 - The Board of the State of New York
Mortgage Agency, today authorized the issuance of economic refunding
bonds (the «Refunding Bonds») to redeem at par certain of its outstanding b
bonds (the «Refunding
Bonds») to redeem at par certain of its outstanding b
Bonds») to redeem at par certain of its
outstanding bondsbonds.
The
bonds that are being considered for refunding are outstanding Homeowner Mortgage Revenue Bonds, Series 67, 69, 70, 71, 72, 73A, 78A, 79, 80, 82, 83, 87, 96 through 102, and
bonds that are being considered for refunding are
outstanding Homeowner
Mortgage Revenue
Bonds, Series 67, 69, 70, 71, 72, 73A, 78A, 79, 80, 82, 83, 87, 96 through 102, and
Bonds, Series 67, 69, 70, 71, 72, 73A, 78A, 79, 80, 82, 83, 87, 96 through 102, and 154.
Barclay's U.S. Aggregate
Bond Index is made up of the Barclay's U.S. Government / Corporate
Bond Index,
Mortgage - Backed Securities Index, and Asset - Backed Securities Index, including securities that are of investment grade quality or better, have at least one year to maturity, and have an
outstanding par value of at least $ 100 million.
Liabilities would include accounts payable, accrued interest and principle on
bonds issued, accrued interest and principal on
mortgages outstanding, etc..
Let's assume the value of the house is not important, but the
outstanding mortgage balance is: and that is the
bond you are buying.
Of the approximately $ 6.9 trillion of U.S. backed
bonds known as agency
mortgage securities that are
outstanding, 11 of the biggest REITs own about $ 180 billion, or around 3 percent, according to investment bank KBW.