Sentences with phrase «of agency mortgage»

Beginning in April, the Committee will add to its holdings of agency mortgage - backed securities at a pace of $ 25 billion per month rather than $ 30 billion per month, and will add to its holdings of longer - term Treasury securities at a pace of $ 30 billion per month rather than $ 35 billion per month.

To provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve is in the process of purchasing $ 1.25 trillion of agency mortgage - backed securities and about $ 175 billion of agency debt.

In addition, the FOMC decides to increase the size of the Federal Reserve's balance sheet by purchasing up to an additional $ 750 billion of agency mortgage - backed securities, bringing its total purchases of these securities to up to $ 1.25 trillion this year, and to increase its purchases of agency debt this year by up to $ 100 billion to a total of up to $ 200 billion.

As previously announced, to provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of up to $ 1.25 trillion of agency mortgage - backed securities and up to $ 200 billion of agency debt by the end of the year.

To provide support to mortgage lending and housing markets and to improve overall conditions in private credit markets, the Federal Reserve has been purchasing $ 1.25 trillion of agency mortgage - backed securities and about $ 175 billion of agency debt;

In particular, the Federal Reserve's latest move to juice the U.S. economy by purchasing $ 40 billion of agency mortgage - backed securities every month is forcing some money managers who had previously been feasting on those securities to get more creative.

Effectively, a decrease in prepayment extends the duration of an agency mortgage backed security.

This sharp drop in new loan volumes is translating into an equal drop in issuance of agency mortgage securities.

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.»

«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 Federal Reserve Bank of New York was directed in late 2008 to implement large - scale purchases of agency mortgage - backed securities (MBS).

Now, in mid-March, spreads were particularly high, because mortgage REITs and other leveraged holders of agency mortgages were forced to sell because of rising haircuts on repo financing.

I would not be worried about the creditworthiness of agency mortgages.

Well, it looks like the collateral haircut for repo financing of agency mortgages has gone up, from 3 %, to somewhere between 4 and 5 %.

Not exact matches

These companies are regulated by the Office of the Superintendent of Financial Institutions, the Canada Mortgage and Housing Corporation (CMHC) and various provincial agencies.

Case in point: In mid-September, three weeks before Morneau tabled his rules, credit reporting agency TransUnion estimated that hundreds of thousands of Canadians carrying variable rate subprime mortgages could be significantly impacted by interest rate increases of even 25 basis points.

Consumer debt - servicing has fallen recently, and ratings agency DBRS warns of the risk of mortgage defaults

In 2008, when the sub-prime mortgage crisis upended the multi-billion-dollar property valuation industry, Real Matters, a Markham, Ont. - based startup that provides property information to banks and insurance agencies, was in the unique position of being nimble in a market dominated by giants.

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

The Financial Consumer Agency of Canada found the number of households with a HELOC and a mortgage against their home has increased nearly 40 per cent since 2011, prompting commissioner Lucie Tedesco to caution this month the trend «may lead Canadians to use their homes as ATMs.»

The bank said it had agreed to settle the lawsuit with the U.S. Federal Housing Finance Agency (FHFA) after being accused of mis - selling $ 32 billion of mortgage - backed securities before the global financial crisis.

Many people believe that housing agency Canada Mortgage and Housing Corp. (CMHC) has facilitated the formation of a bubble in the Canadian housing market by insuring so much mortgaMortgage and Housing Corp. (CMHC) has facilitated the formation of a bubble in the Canadian housing market by insuring so much mortgagemortgage debt.

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.

JPMorgan Chase, seeking to avert a wave of litigation from the government, is negotiating a multibillion - dollar settlement with state and federal agencies over the bank's sale of troubled mortgage securities to investors in the run - up to the financial crisis.

After exercising override power, a JPMorgan employee sent a report in May 2006 to a ratings agency that showed only 5.3 percent of the mortgages were defective.

In that lawsuit, the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, has accused 17 banks of selling dubious mortgage securities to the two housing giants.

WASHINGTON — The Consumer Financial Protection Bureau on Thursday proposed a series of regulatory relief measures for small institutions, especially those in rural areas, to help them provide credit while they try to follow the agency's tough mortgage rules.

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.

One of the main reasons for creating the quasi-independent agency was to protect consumers in the financial sector, particularly those consumers seeking mortgages, student loans, and credit cards.

The agency has toughened mortgage rules and fined big banks for allegedly taking advantage of consumers, but it has run afoul of Republicans who say it has gone too far, contributing to an environment in which consumers are having more difficulty getting mortgages and credit cards.

Not only could we cut short - term interest rates, but we also could extend the maturity of our Treasury and agency MBS portfolio, purchase additional Treasury and agency mortgage - backed securities and engage in forward guidance with respect to the future path of short - term interest rates.

So she turned her attention to the Treasury Department, hoping to persuade Paulson and others to put the weight of Treasury — an agency with far more clout than the F.D.I.C. — behind her push for mortgage modification.

The Bloomberg Barclays U.S. Aggregate 10 + Year Bond Index is unmanaged and is composed of the Bloomberg Barclays U.S. Government / Credit Index and the Bloomberg Barclays U.S. Mortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of 10 years Mortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of 10 years mortgage - backed securities with maturities of 10 years or more.

The Bloomberg Barclays U.S. Aggregate 5 — 7 Year Bond Index is unmanaged and is composed of the Bloomberg Barclays U.S. Government / Credit Index and the Bloomberg Barclays U.S. Mortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of five to seveMortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of five to sevemortgage - backed securities with maturities of five to seven years.

The Bloomberg Barclays U.S. Aggregate Bond Index is composed of the Bloomberg Barclays U.S. Government / Credit Index and the Bloomberg Barclays U.S. Mortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed secMortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed secmortgage - backed securities.

The idea was to save the ratings agencies from having to take responsibility for the tens of billions of dollars lost as a result of their past AAA ratings on junk mortgages.

The Bloomberg Barclays U.S. Aggregate 1 — 3 Year Bond Index is unmanaged and is composed of the Bloomberg Barclays U.S. Government / Credit Index and the Bloomberg Barclays U.S. Mortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of one to threMortgage - Backed Securities Index and includes Treasury issues, agency issues, corporate bond issues, and mortgage - backed securities with maturities of one to thremortgage - backed securities with maturities of one to three years.

The Federal Housing Finance Agency, or FHFA, estimates that homeowners who refinance through HARP save an average of $ 189 per month on their mortgage payments.

Most of the securities derived from these subprime mortgages were deemed to be AAA rated by the rating agencies.

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.

Certain types of bond funds, such as broad market bond funds, are also diversified across bond sectors, providing exposure to corporate, U.S. government, government agency and mortgage - backed bonds.

Without a doubt, the same degree of fraud of has been used to concoct the various tranches in these CMBS trusts that was employed during the mid-2000's mortgage / housing bubble, with full cooperation of the ratings agencies then and now.

But the mortgage lenders and the ratings agencies they hired assured clients that these mortgages were good and could be paid — or at least that the market would continue to rise, so that if there was a default, new buyers would play the role of the proverbial «greater fool» and buy properties being foreclosed.

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.

B - GenST - General Bond: Short - Term: Invest in a mix of government and agency bonds, corporate bonds, and mortgage - backed bonds.

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.

«Typically, homeowners don't feel they have the heft or the wherewithal to take on a lender in that type of way,» said Jesse Ergott, executive director of Neighborhood Housing Services of Lackawanna County, a nonprofit budget counseling agency that assists people with troubled mortgages.

B - GenIT - General Bond: Intermediate - Term: Invest in a mix of government and agency bonds, corporate bonds, and mortgage - backed bonds.

The incomplete pass - through from agency MBS yields into primary mortgage rates is due to several factors — including a concentration of mortgage origination volumes at a few key financial institutions and mortgage rep and warranty requirements that discourage lending for home purchases and make financial institutions reluctant to refinance mortgages that have been originated elsewhere.

B - GenLT - General Bond: Long - Term: Invest in a mix of government and agency bonds, corporate bonds, and mortgage - backed bonds.