Sentences with phrase «of mortgage assets»

But the U.S. - based rating service says a housing crash in Canada would push down those ratios as the value of their mortgage assets plunge in relation to their considerable loan levels.

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.

Not exact matches

CMHC would feel it because it has insured most of the mortgages Vancouverites have used to buy their inflated assets.

Sitting on the network was Accurate's most valuable asset, a powerful suite of mortgage - servicing software capable of managing thousands upon thousands of real estate transactions.

The latest initiative, dubbed QE3, involves buying US$ 40 billion of mortgage - backed securities every month indefinitely and extends earlier asset - buying programs.

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 reverse mortgage can give you assets for paying for long - term care,» said Votava, who recommends taking out a line of credit.

Securitized assets such as mortgages, properties or whole businesses, are another way of reducing risk as lenders are higher up the capital structure, and management is restricted on what can happen to the assets.

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.

Most agree that banks need to have more cash, or capital, available to ensure they do not default on their obligations when the value of their other assets plunge, as happened during the recent mortgage crisis.

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.

Bloomberg Barclays U.S. Aggregate Bond Index: An unmanaged index composed of securities from the Bloomberg Barclays Government / Corporate Bond Index, Mortgage - Backed Securities Index and the Asset - Backed Securities Index.

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.

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.

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.

These funds are typically composed of investment grade bonds issued by governments and corporations or secured by assets such as home mortgages.

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.

Gross kept mortgage securities as his biggest holding at 53 % of assets, according to the report posted Wednesday on the PIMCO website.

The Barclays U.S. Aggregate Bond Index is a market value — weighted index of investment - grade fixed - rate debt issues, including government, corporate, asset - backed, and mortgage - backed securities, with maturities of one year or more.

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.»

With the ending of the stimulus funding and the repayment of the principal on assets maturing under the Insured Mortgage Purchase Program, the federal government's new borrowing requirements are falling dramatically.

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.

At the end of a bull market, signs of excess are typically obvious for those willing to see them — a flurry of initial public stock offerings rising 100 % on their first day trading, or no - income, no - asset mortgages to home buyers.

It's fantastic to enjoy your home, pay down your mortgage each month, and end up with a paid off asset that has likely appreciated during your time of ownership.

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.

According to an analysis by former Lehman CFO Erin Callan, mortgage - backed securities accounted for a whopping 71 percent of Bear's Level 3 assets — defined as those that are hard to value.

Another way to qualify for a conforming loan with a lower credit score is to save money: Fannie Mae's eligibility matrix drops the minimum credit score by 20 points if you can show that you have enough assets to cover 2 to 6 months of monthly mortgage payments.

Secondary markets create liquidity options for sellers and exist for many different types of assets: securities, durable goods, mortgages, energy, and even tickets to sporting events.

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.

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.

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.

JPMorgan, now the biggest U.S. lender by assets, completed its rescue of New York - based Bear Stearns after the Federal Reserve agreed to take control of a $ 30 billion portfolio of mortgage - linked Bear Stearns assets.

Rising house prices have shielded the reality of increasing ownership costs, but households can't live on asset appreciation, unless they sell, take a reverse mortgage, or a line of credit against their house.

This means having a few years of credit history, a variety of account types (i.e., credit cards, mortgages, installment loans, etc.), liquid savings and assets and a low debt - to - income ratio.

A North Carolina - based asset manager called NIR Capital Management was also fined over one of the three mortgage deals, known as collateralized debt obligations.

I recently paid off one of my mortgages and want to grow my other assets so RE becomes no more than 25 % of net worth.

Lenders created mortgages that required no down payment, no proof of income or assets, and no monthly principal repayments.

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.

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.

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.

If the yield for any of them are less than your mortgage rate, liquidate that asset and apply the proceeds to paying down your mortgage.

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.»

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.

Mortgage - backed securities (MBS) are a type of asset - backed security composed of home mortgagMortgage - backed securities (MBS) are a type of asset - backed security composed of home mortgagemortgage loans.