Sentences with phrase «quality mortgage paper»

High quality mortgage paper got overlevered, and even though current market prices are attractive to unlevered buyers, there is the short - term risk that more players will be forced to delever.

Not exact matches

FNMA is not an originator but purchased supposedly A or better paper from banks, mortgage companies etc. the very ones that are paying back billions for packaging low quality mortgages as A or better rated and sticking FNMA with the loans.
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