| 单词 | mortgage-backed security |
| 例句 | And those are Canadian dollars that, thanks mostly to the way Canadian banks avoided excessive exposure to toxic mortgage-backed securities, are currently worth slightly more than U.S. greenbacks. What does Toronto have that we don't? 2011-07-01T17:07:00Z In 2006, European banks generated a third of America’s riskiest privately issued mortgage-backed securities. Looking Back at the Economic Crash of 2008 2018-08-10T04:00:00Z In one amazing sequence, we watch Goldman Sachs executives testify to Congress, admitting that at the height of the housing bubble, they sold their clients mortgage-backed securities they knew were likely to become worthless. Cannes: How the bankers fleeced the world 2010-05-19T15:20:00Z Initially Nancy, as if a stand-in for brokers in phantom-dollar mortgage-backed securities, did well effortlessly, selling pot to her stoner neighbors in Southern California. Forget the Downturn; Punish the Lazybones 2010-10-15T16:57:00Z Even a mortgage-backed security might be less opaque than this. Two Histories of Financiers Profiting From Real Estate While Homeowners Go Belly Up 2019-10-31T04:00:00Z While the Fed’s purchases of mortgage-backed securities, in particular, helped a depressed housing market, the central bank could have been left with big losses had the value of these more-risky securities fallen. The Fed took bold steps to boost the economy. Will undoing one of them rattle markets? 2017-07-10T04:00:00Z What’s shocking is that the balloon mortgage and the mortgage-backed security are things that we imagine were invented in the last ten years. Class decides everything 2012-06-24T16:00:00Z Purchasing government bonds and mortgage-backed securities tends to push down mortgage and other long-term interest rates. The Fed took bold steps to boost the economy. Will undoing one of them rattle markets? 2017-07-10T04:00:00Z In the book, you talk about the balloon mortgage and mortgage-backed securities, which had a big part in the economic collapse in the housing market during the Great Depression. Class decides everything 2012-06-24T16:00:00Z Fed policymakers launched three separate rounds of quantitative easing, purchasing Treasury bonds and mortgage-backed securities, as the economy continued to recover slowly and unemployment remained high. The Fed took bold steps to boost the economy. Will undoing one of them rattle markets? 2017-07-10T04:00:00Z That also hurt the values of mortgage-backed securities held broadly by banks. How U.S. bank balance sheets have changed as Fed raises rates 2023-10-13T04:00:00Z Traders at Nomura Securities International, mainly in New York City, were accused of having from 2009 to 2013 overstated the prices that sellers were demanding for residential mortgage-backed securities, and pocketing the difference. US fines Nomura $35 mln over traders' lies about bond prices 2023-08-22T04:00:00Z The process of shedding mortgage-backed securities could extend beyond 2025, which was as far as the banks were polled. NY Fed survey: Markets bet ahead of July FOMC expected rate rise would be last 2023-08-17T04:00:00Z A case in point is the high-yield bond mania at the end of the 1980s, or more recently with mortgage-backed securities just before the global financial crisis. Tackling money shame: Personal finance advice from top TED Talks 2023-08-15T04:00:00Z The Swiss bank agreed to pay a civil penalty over how it handled the sale of 40 mortgage-backed securities issued in 2006 and 2007. UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases 2023-08-14T04:00:00Z In the lawsuit, which was brought in 2018, US prosecutors alleged that the Swiss bank had defrauded investors in connection with the sale of mortgage-backed securities more than a decade ago. UBS to pay $1.4bn to settle fraud claims from 2008 crisis 2023-08-14T04:00:00Z That included near-zero interest rates and the purchase of $120 billion a month of Treasury bonds and mortgage-backed securities in the unorthodox stimulus program known as quantitative easing. The Markets Are Counting on the Fed to Solve a Tricky Puzzle 2023-07-21T04:00:00Z Treasury bonds and mortgage-backed securities, which have dropped in value as rates have risen — but that was barely a dent in its results. Three Big Banks Rake In Better-Than-Expected Profits 2023-07-14T04:00:00Z Treasury bonds and mortgage-backed securities, which have dropped in value as rates rise — but that was barely a dent in its results. JPMorgan’s Profit Jumps, but Interest Rates Remain a Threat 2023-07-14T04:00:00Z Murray, who worked in UBS's mortgage securitization unit, accused UBS officials of pressuring him to issue skewed and bullish research on commercial mortgage-backed securities in order to support the Swiss bank's trading and underwriting operations. U.S. Supreme Court to examine whistleblower claims against financial firms in UBS case 2023-05-01T04:00:00Z Insurers, which holds commercial mortgage-backed securities and property, will likely feel pressures on CRE, he said. Trading turbulence in banking sector: five hedge fund ideas 2023-04-28T04:00:00Z And unlike other banks that make a lot of mortgages, First Republic kept many of those loans rather than packaging them into mortgage-backed securities and selling them to investors. First Republic Lurches as It Struggles to Find a Savior 2023-04-26T04:00:00Z In its annual report last year, UBS described how it had been an issuer and underwriter of U.S. residential mortgage-backed securities in the five years to 2007. UBS first-quarter profit halves as costs of old toxic debt mount 2023-04-25T04:00:00Z The Fed said banks had offloaded that amount of assets in each of the two latest weeks, most of it coming in the form of Treasuries and mortgage-backed securities. Bank deposits edge up after record outflows, Fed data shows 2023-04-07T04:00:00Z Still, the unrealized losses — largely in mortgage-backed securities and Treasuries — were enough to spook investors. Why Schwab, a financial giant, got hurt in the regional banks panic 2023-04-01T04:00:00Z In essence, it temporarily immunizes troubled banks from the colossal decline in bond prices and mortgage-backed securities that was largely caused by the Fed’s campaign to fight inflation by raising interest rates. The Fed Is Doing Too Much, All at Once 2023-03-31T04:00:00Z The banks simultaneously invested in long-term government bonds and mortgage-backed securities that tumbled in value as interest rates rose. Yellen seeking more regulation in aftermath of bank collapse 2023-03-30T04:00:00Z It’s also Credit Suisse’s latest run-in with U.S. authorities, following settlements worth hundreds of millions of dollars over mortgage-backed securities that were behind the 2008 financial crisis. U.S.: Credit Suisse violates deal on rich clients’ tax evasion 2023-03-29T04:00:00Z That’s why the Fed kept short-term interest rates near zero and bought Treasuries and mortgage-backed securities. The Fed Has Targeted 2% Inflation. Should It Aim Higher? 2023-03-24T04:00:00Z The bank held an unusually high level of uninsured deposits, and many investments in long-term government bonds and mortgage-backed securities had tumbled in value as interest rates rose. Bank failures and rescue test Yellen’s decades of experience 2023-03-24T04:00:00Z Through it, the Fed is lending against Treasuries and mortgage-backed securities valued at their original price for up to a year. Banks Are Borrowing More From the Fed: What to Know 2023-03-23T04:00:00Z The so-called securitized products containing loans that banks make are called commercial mortgage-backed securities — a more than $72 billion market last year. Bank Crisis Could Cast Pall Over Commercial Real Estate Market 2023-03-22T04:00:00Z Then, the bursting of the housing bubble in the U.S. trashed the value of mortgages and mortgage-backed securities that the banks held, much of which had been overvalued from the start. Column: The Fed's errors have brought the economy to the brink of recession. Raising rates again might send it over 2023-03-21T04:00:00Z But its trading business caused endless headaches over the last two decades, from pushing mortgage-backed securities to a $5.5 billion loss tied to Archegos, the failed investment firm. Bank Stocks Teeter as Investors Worry About Who May Fall Next 2023-03-20T04:00:00Z The fear is that another rate hike from the Federal Reserve to tamp down inflation would sap the value of banks’ assets such as government bonds and mortgage-backed securities. Economists warn that nearly 200 banks are at risk of runs, failure 2023-03-19T04:00:00Z The broad worry is that smaller regional banks, which hold large amounts of Treasuries and mortgage-backed securities, may be forced by investors to revalue those bond portfolios. Washington turns to Wall Street to help rescue dying bank 2023-03-17T04:00:00Z A major mistake seemed to be putting a lot of SVB assets in “safe” long-term mortgage-backed securities, which can drop a lot in value when interest rates rise. How the Psychology of Silicon Valley Contributed to a Bank Collapse 2023-03-18T04:00:00Z The bank last fall announced settlements worth hundreds of millions of dollars with authorities in the U.S. over mortgage-backed securities that were behind the 2008 financial crisis and in France over a tax fraud case. Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk 2023-03-17T04:00:00Z At its core, it involves reducing the more than $8 trillion — yes, trillion — in bonds and mortgage-backed securities held by the Fed, along with draining money from the financial system. Will the Fed Keep Tightening as Banks Fail? 2023-03-17T04:00:00Z Economists say the acute problem was that SVB held an unusually high percentage of its $209 billion in assets in Treasury bonds and mortgage-backed securities. Silicon Valley Bank’s woke agenda thrived while managers ignored investment risks 2023-03-15T04:00:00Z SVB became the biggest U.S. bank to fail since the 2008 financial crisis after its outsized bets on U.S. government bonds and mortgage-backed securities went sour as a result of rising interest rates. ECB likely to stick to big rate hike despite banking turmoil, source says 2023-03-15T04:00:00Z Its management took excessive risks by buying billions of dollars of mortgage-backed securities and Treasury bonds when interest rates were low. Fed, under criticism for bank failure, faces tough decisions 2023-03-14T04:00:00Z It also bought mortgage-backed securities, ignoring the risk of rising interest rates. Biden rushes to bail out Silicon Valley, continues to ignore East Palestine 2023-03-13T04:00:00Z And by removing the Fed as the biggest buyer of Treasuries and of mortgage-backed securities, quantitative easing has weakened these markets. Will the Fed Keep Tightening as Banks Fail? 2023-03-17T04:00:00Z Many of its assets, such as bonds or mortgage-backed securities, lost market value as rates climbed. Yellen: No federal bailout for collapsed Silicon Valley Bank 2023-03-12T05:00:00Z It slashed the prime lending rate to near zero and spent roughly $5 trillion buying up Treasury bills and mortgage-backed securities and pumping liquidity into America’s banking system. The Trillion Dollar Debate Over Share Buybacks 2023-03-04T05:00:00Z Strategists at the firm recommended short-term government bonds, high-grade credit and agency mortgage-backed securities. Bond investors brace for recession as Fed expected to slow pace of tightening 2023-01-31T05:00:00Z Earlier this year, the Fed also began reducing its holdings of Treasury and mortgage-backed securities, or MBS. Mortgage rates’ rise has led to wide gap with US bond yields 2022-12-29T05:00:00Z The Fed did this by buying up mortgage-backed securities in an effort to drive down mortgage rates. Will the Fed Keep Tightening as Banks Fail? 2023-03-17T04:00:00Z Its problems did not come from its traditional insurance subsidiaries, but instead from its financial services operations, and primarily its insurance of mortgage-backed securities and other risky debt against default. AIG subsidiary files for Chapter 11 bankruptcy protection 2022-12-14T05:00:00Z But signs of stress are appearing on commercial mortgage-backed securities. Why Office Buildings Are Still in Trouble 2022-11-17T05:00:00Z A second rate is tied to the difference between the yield on those notes and mortgage-backed securities, or M.B.S., which are essentially interest-paying bonds backed by mortgages. Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.) 2022-11-03T04:00:00Z Bartolini is becoming more bullish on mortgage-backed securities, which he expects to benefit from a decline in volatility sparked by smaller rate increases. Analysis: Weary investors see little respite to Fed hike gloom 2022-11-03T04:00:00Z But it hasn’t hit those targets, especially for mortgage-backed securities. Will the Fed Keep Tightening as Banks Fail? 2023-03-17T04:00:00Z Supreme Court his bid to collect a whistleblower award of at least $490 million from the U.S. government for reporting what he called unlawful conduct related to mortgage-backed securities. RBS ex-banker takes whistleblower award fight to U.S. Supreme Court 2022-10-18T04:00:00Z The investment bank Credit Suisse will pay $495 million as part of a settlement with the U.S. over mortgage-backed securities. Bank of America, BP rise; Fox, NGM Biopharmaceuticals fall 2022-10-17T04:00:00Z In normal times, the spread between Treasuries and mortgage-backed securities remains fairly consistent. Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.) 2022-11-03T04:00:00Z The payment resolves an investigation by New Jersey into the Swiss bank’s sale of residential mortgage-backed securities before the 2008 financial crisis. Markets Approve of U.K.’s Reversal of Tax Cuts 2022-10-17T04:00:00Z As a result, 98 percent of the mortgage-backed securities on the Fed’s books won’t mature for at least a decade, by my calculations. Will the Fed Keep Tightening as Banks Fail? 2023-03-17T04:00:00Z Credit Suisse said Monday that the settlement allows the bank to resolve its only remaining mortgage-backed securities matter involving claims by a regulator, the largest it faced. Credit Suisse pays $495M tied to mortgage-backed securities 2022-10-17T04:00:00Z For example, many corporations had taken to parking their cash not in deposits but in “repo” — overnight loans using things like mortgage-backed securities as collateral. A Nobel Prize for the economics of panic 2022-10-14T04:00:00Z It hasn’t helped lenders that two of the biggest holders of mortgage-backed securities have pulled back from the market. Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.) 2022-11-03T04:00:00Z The bond insurer is settling a mortgage-backed securities lawsuit with Bank of America for $1.84 billion. CVS, Levi Strauss fall; Credit Suisse, Ambac rise 2022-10-07T04:00:00Z Another important consideration, Heck said, will be what Fed officials say about the central bank’s holdings of mortgage-backed securities. With mortgage rates above 6%, here's what the Fed's latest hike could mean 2022-09-21T04:00:00Z After roughly doubling its balance sheet to $9 trillion after the pandemic, the Fed began unloading some of the Treasuries and mortgage-backed securities it holds in June at a pace of $47.5 billion. Wall St Week Ahead More worries for U.S. stocks, bonds: Fed ramps up 'QT' 2022-09-09T04:00:00Z Investors bought a commercial mortgage-backed security to loan the money to Banyan Street, and Tuesday’s bid leaves them with the buildings rather than the cash. Iconic part of Atlanta skyline foreclosed in loan default 2022-09-07T04:00:00Z When the pandemic hit in March 2020, the central bank rushed to prop up financial markets, buying Treasuries and mortgage-backed securities to lower interest rates and support prices in order to resuscitate the financial system. Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.) 2022-11-03T04:00:00Z The case is the largest of several lawsuits Ambac has pursued against issuers of residential mortgage-backed securities. Ambac says 'greed' drove BofA lending in $2.7 bln mortgage case 2022-09-07T04:00:00Z If it decides to reduce its holdings even further, that would lessen the demand for mortgage-backed securities, which through the internal logic of the credit markets would lead to higher interest rates. With mortgage rates above 6%, here's what the Fed's latest hike could mean 2022-09-21T04:00:00Z He is favoring high-grade corporate bonds and mortgage-backed securities. Analysis: Bond bear market? 'Worst year in history' for asset as inflation bites 2022-09-02T04:00:00Z “Investors reacted by driving longer-term rates — such as yields on 10-year Treasurys and mortgage-backed securities — lower, predicting the Fed will have to slow down rate hikes and potentially ease rates sooner than previously expected.” Mortgage rates sink below 5 percent for the first time in four months 2022-08-04T04:00:00Z By September, it plans to shrink its holdings each month by $35 billion in mortgage-backed securities and $60 billion in Treasuries. Worried about mortgage interest rates? Here's what the Fed's rate hikes mean 2022-07-27T04:00:00Z Treasury and mortgage-backed securities - will cool the hot consumer demand that for a variety of reasons is outstripping the supply of goods and services and driving inflation higher. U.S. home builder sentiment plunges in July, association says 2022-07-18T04:00:00Z They are part of a slew of litigation over the last decade-and-a-half seeking to hold lenders and trustees liable for the plunging value of residential mortgage-backed securities once considered safe. Wells Fargo mostly defeats two lawsuits over mortgage losses 2022-07-12T04:00:00Z Investors tend to sell Treasurys and mortgage-backed securities when inflation is high, putting upward pressure on mortgage rates. Mortgage rates hold steady, resist upward pressure 2022-06-02T04:00:00Z Investors, who had been selling bonds over concerns about inflation and tighter monetary policy from the Fed, lately have been putting their money into Treasurys and mortgage-backed securities now that the stock market is swooning. Fixed mortgage rates move lower for the second week in a row 2022-05-26T04:00:00Z Robert Heck, vice president of mortgage for online mortgage broker Morty, said the Fed has been, “by far, the biggest buyer of mortgage-backed securities over the past 15 years.” Worried about mortgage interest rates? Here's what the Fed's rate hikes mean 2022-07-27T04:00:00Z Treasury and mortgage-backed securities as of the end of March, according to newly released financial statements showing the impact of rising interest rates on the market value of the Fed's balance sheet. Fed carrying $330B in unrealized losses on its assets according to Q1 financial statement 2022-05-27T04:00:00Z The minutes also showed that some policymakers decided it was appropriate to consider selling some of its holdings of mortgage-backed securities, rather than simply letting them mature. Fed officials signal rates may head to ‘restrictive’ levels 2022-05-25T04:00:00Z “After a nice three-week rally, Treasury bonds and mortgage-backed securities are selling off,” said Michael Becker, branch manager at Sierra Pacific Mortgage. Mortgage rates hold steady, resist upward pressure 2022-06-02T04:00:00Z But that run-off will do little to trim what is the most controversial portion of the Fed’s portfolio, the $2.7 trillion in mortgage-backed securities held by the Fed. NY Fed sees balance sheet falling $2.5 trln by mid-2025, when run-off stops 2022-05-24T04:00:00Z Still, he said, any change in how Fed leaders talk about their plans for mortgage-backed securities could cause more shifts in interest rates. Worried about mortgage interest rates? Here's what the Fed's rate hikes mean 2022-07-27T04:00:00Z They held interest rates near zero for several years and bought large quantities of government and mortgage-backed securities in an unusual intervention in financial markets aimed at spurring growth. Nations move to tackle inflation, increasing risk to global economy 2022-05-13T04:00:00Z Fewer refinancings would force the Fed to sell mortgage-backed securities to maintain its plans to reduce its balance sheet. Fed officials signal rates may head to ‘restrictive’ levels 2022-05-25T04:00:00Z The Fed announced details of how it will start reducing its holdings of Treasury debt and mortgage-backed securities. Asian stocks rise after Fed chair downplays bigger rate hike 2022-05-04T04:00:00Z The Fed will shrink its balance sheet by up to $30 billion in Treasury securities and $17.5 billion in agency mortgage-backed securities in June, July and August. Fed hikes rates by half a percentage point in fight against inflation 2022-05-04T04:00:00Z How quickly it sheds mortgage-backed securities from its portfolio may also affect how rapidly mortgage rates rise. Mortgage rates slow their ascent ahead of next week’s Fed meeting 2022-04-28T04:00:00Z Treasuries and mortgage-backed securities - a stash of assets that had helped keep consumer borrowing costs, for mortgages in particular, low throughout the COVID-19 pandemic. U.S. mortgage interest rates rise further, loan demand ebbs 2022-04-27T04:00:00Z By lowering the federal funds rate to near zero and buying Treasurys and mortgage-backed securities to prop up the economy, the central bank ushered in an era of cheap home loans. Mortgage rates hit 5 percent, ushering in new economic uncertainty 2022-04-14T04:00:00Z The consensus, according to the minutes, was that the Fed would shed a maximum of $60 billion in Treasurys and $35 billion in mortgage-backed securities over three months probably starting in May. Mortgage rates keep climbing, show no sign of slowing down 2022-04-07T04:00:00Z The Fed has signaled it is prepared to keep raising interest rates and reducing its stockpile of bonds and mortgage-backed securities in order to rein in the highest inflation in 40 years. Asian shares mostly higher after tepid gains on Wall Street 2022-04-07T04:00:00Z The minutes from the meeting three weeks ago showed Fed policymakers agreed to begin cutting the central bank’s stockpile of Treasurys and mortgage-backed securities by about $95 billion a month, starting in May. Asian shares track Wall St retreat on interest rate worries 2022-04-06T04:00:00Z The Fed bought trillions of dollars of Treasurys and mortgage-backed securities after the pandemic hammered the economy, with the goal of lowering longer-term borrowing rates. Fed moves toward slashing bond holdings to fight inflation 2022-04-06T04:00:00Z Economists said the Fed’s massive holdings of Treasuries and mortgage-backed securities made it hard to get a clear signal from the yield curve moves. U.S. labor market powers ahead; unemployment rate drops to 3.6% 2022-04-01T04:00:00Z During the pandemic, the Fed bought Treasurys and mortgage-backed securities in an effort to prop up the economy and hold down borrowing costs. Mortgage rates spike to highs not seen in nearly three years 2022-03-17T04:00:00Z The U.S. central bank's balance sheet more than doubled during the pandemic as it scooped up trillions of dollars in Treasuries and mortgage-backed securities, first to calm markets and then to support the economy. Fed's Powell: could finalize balance sheet plan in May 2022-03-16T04:00:00Z Two weeks ago, it was still buying mortgage-backed securities even as house prices had increased by more than 20 percent. Opinion | The Fed is charting a course to stagflation and recession 2022-03-15T04:00:00Z “I’m interested to know how this is different from any mortgage-backed security,” Godfrey told me. Doing shots with true believers at Ethereum’s biggest party 2022-03-03T05:00:00Z The runoff for mortgage-backed securities could average about $25 billion per month over the next few years, but the exact pace is uncertain and affected by mortgage rates, she said. New York Fed's Logan says staff will carefully monitor money markets 2022-03-02T05:00:00Z Treasury would acquire up to $700 billion worth of mortgage-backed securities. Magruder's American Government 2016-01-01T00:00:00Z The Fed should not put any caps on how quickly to let mortgage-backed securities run off, he said. Fed should raise rates a full percentage point by mid-year -Waller 2022-02-25T05:00:00Z The central bank bought $120 billion in Treasury and mortgage-backed securities for much of 2020 and 2021, but officials have been tapering those purchases and are on track to stop them entirely in March. Fed Is Poised to Cut Economic Help Swiftly Despite Russian Tensions 2022-02-22T05:00:00Z I laughed, thinking he was making a reference to the 2008 financial crisis, which was caused partly by mortgage-backed securities. Doing shots with true believers at Ethereum’s biggest party 2022-03-03T05:00:00Z Three years later, the bank paid the Justice Department $5.3 billion to settle allegations about its marketing of mortgage-backed securities. Vast Leak Exposes How Credit Suisse Served Strongmen and Spies 2022-02-20T05:00:00Z After interest rate increases are underway, the next step would be for the Fed to begin reducing its holdings of Treasury securities and mortgage-backed securities, Williams said. NY Fed's Williams says it will be appropriate to raise rates in March 2022-02-18T05:00:00Z The Fed responded to the pandemic-induced recession by cutting its benchmark rate to near zero and buying trillions of dollars in government bonds and mortgage-backed securities, and mortgage rates fell to historic lows below 3%. U.S. mortgage interest rates top 4% for first time since 2019 2022-02-16T05:00:00Z She said in an interview with the Wall Street Journal that the Fed should consider selling some of the Treasurys and mortgage-backed securities that make up its nearly $9 trillion balance sheet. Fed officials agree on a March rate hike but little else 2022-02-14T05:00:00Z “I would support selling some of our mortgage-backed securities at some point during the reduction period to speed the conversion of our portfolio’s composition to primarily Treasuries,” Mester said. Fed's Mester says case for half-percentage-point rate hike in March not compelling 2022-02-09T05:00:00Z That has pushed the Fed to accelerate plans to raise borrowing costs and reduce its holdings of government bonds and mortgage-backed securities. Fed hopes economy is on cusp of inflation slowdown as rate hikes loom 2022-02-09T05:00:00Z That has pushed the Fed to accelerate plans to raise rates and reduce its holdings of government bonds and mortgage-backed securities. U.S. may be on 'cusp' of inflation slowdown, Fed's Bostic tells CNBC 2022-02-09T05:00:00Z It bought Treasurys and mortgage-backed securities, which put downward pressure on rates. Mortgage rates start February with less volatility than the stock market 2022-02-03T05:00:00Z The assets owned by the Fed swelled in another grand experiment of 2008, known as quantitative easing, in which the Fed began buying bonds and mortgage-backed securities. What May Be in Store as the Fed Cuts Back on the Easy Money 2022-01-28T05:00:00Z “The Fed has stated it intends to reduce its balance sheet of mortgage-backed securities,” said Elizabeth Rose, a certified mortgage planner at Mortgage300. Mortgage rates show little change but are expected to move higher 2022-01-27T05:00:00Z The Fed's nearly $9 trillion portfolio had doubled in size during the pandemic as the central bank snapped up Treasury bonds and mortgage-backed securities to support markets and the economy. Fed says bond maturity runoff will be main tool for shrinking balance sheet 2022-01-26T05:00:00Z They are likely also to continue debating how and when to reduce the central bank's massive holdings of Treasury bonds and mortgage-backed securities as a further way to tighten monetary policy. Inflation-fighting Fed likely to flag March interest rate hike 2022-01-26T05:00:00Z Treasury bonds and mortgage-backed securities - using a second lever to ratchet up the cost of credit. Fed tries to match economic risks against market's rush to tighten 2022-01-24T05:00:00Z The Fed since March 2020 has been ballooning its holdings of Treasury bonds and mortgage-backed securities to help lower long term rates as it battled the economic impact of the pandemic. Fed sent $107.4 billion to Treasury in 2021 2022-01-14T05:00:00Z It has also been buying Treasurys and mortgage-backed securities to hold down interest rates. Mortgage rates show little change but are expected to move higher 2022-01-27T05:00:00Z That readout showed the policymakers were prepared to combat surging inflation with higher interest rates and a likely reduction in the Fed’s holdings of more than $8 trillion of Treasuries and mortgage-backed securities. U.S. mortgage interest rates surge by most in almost 2 years 2022-01-12T05:00:00Z In 2008, many Wall Street firms were stunned when the housing implosion triggered huge losses on mortgage-backed securities. Here’s another thing the pandemic has screwed up: Economic forecasts 2022-01-11T05:00:00Z He said he would prefer to see central banks focus on unwinding pandemic-era stimulus programmes, which buy assets such as mortgage-backed securities. World Bank warns global economy faces grim outlook 2022-01-11T05:00:00Z Central bank officials also approved a plan to end their monthly purchases of Treasurys and mortgage-backed securities by March rather than June. Fixed mortgage rates hit 20-month high as long-term bond yields rise 2022-01-06T05:00:00Z “This likely means they will wind down their holdings of mortgage-backed securities faster than Treasurys and this will cause mortgage rates to rise in the coming week,” Becker said. Mortgage rates show little change but are expected to move higher 2022-01-27T05:00:00Z Since early in the pandemic, the Fed has been buying $120 billion in Treasurys and mortgage-backed securities each month, which has helped drive down mortgage rates. Mortgage rates remain low but likely not for long 2021-12-16T05:00:00Z Until it recently began tapering the purchases, it was buying $120 billion in Treasuries and mortgage-backed securities each month. Fed policymakers make case for rate hikes after end of bond-buying taper 2021-12-17T05:00:00Z The Fed this week is expected to speed up the end of its monthly purchases of Treasuries and mortgage-backed securities so that the bond-buying program is finished by March instead of June. In year-end meetings, top central banks may diverge over inflation, Omicron 2021-12-14T05:00:00Z The minutes went on to say that some officials are in favor of shrinking its balance sheet of $8.76 trillion in bonds and mortgage-backed securities not long after it begins raising rates. Fixed mortgage rates hit 20-month high as long-term bond yields rise 2022-01-06T05:00:00Z The Fed last month began "tapering" its purchases of Treasuries and mortgage-backed securities at a pace that would have put it on track to complete the wind-down by mid-2022. Wall St Week Ahead Investors await faster taper, inflation view at Fed meeting 2021-12-10T05:00:00Z Earlier this month, the Fed began reducing its purchases of Treasuries and mortgage-backed securities at a pace that would put it on track to complete the wind-down by mid-2022. Wall Street strategists see more gains in 2022 2021-12-01T05:00:00Z The Fed this month began to reduce its support for the economy, and is currently on pace to fully taper its $120 billion in monthly purchases of Treasuries and mortgage-backed securities by next June. Powell, Yellen head to Congress as inflation, variant risks rise 2021-11-30T05:00:00Z The committee approved reducing by $15 billion in November and another $15 billion cut in December in the $120 billion in monthly purchases of Treasury bonds and mortgage-backed securities it had been making. Fed officials express resolve to address inflation risks 2021-11-24T05:00:00Z NatWest disclosed on Sept. 3 that the Justice Department was accusing it of breaching a 2017 deal over “spoofing” — submitting fraudulent trades in the markets for mortgage-backed securities and other investments. Column: Lawbreaking corporations have wriggled off the hook for years. Can Biden fix that? 2021-11-17T05:00:00Z “Going forward, our expectation is that despite recent moves lower, mortgage rates will begin to climb as the Fed reduces its purchase of mortgage-backed securities by $5 billion per month in November and December.” Mortgage rates tumble below 3 percent 2021-11-10T05:00:00Z “This will cause the demand for mortgage-backed securities and 10-year Treasury notes to drop, which will trigger a rise in rates.” Mortgage rates reverse course but are expected to continue their climb 2021-11-04T04:00:00Z Officials on Wednesday laid out a plan to slow their $120 billion in monthly Treasury bond and mortgage-backed security purchases by $15 billion a month starting in November. Fed Takes First Step Toward End of Pandemic Measures 2021-11-03T04:00:00Z The Fed's purchases of Treasuries and mortgage-backed securities would be scaled back by $15bn this month, Mr Powell said following a two-day meeting of the committee which sets Fed policy. US central bank is reducing its bond-buying programme 2021-11-03T04:00:00Z Most likely in mid-November, the Fed will each month begin to reduce the amount of Treasury securities purchases by $10 billion and mortgage-backed securities by $5 billion, phasing them out completely by next June. Explainer: Federal Reserve's taper: How does it work? 2021-11-03T04:00:00Z Treasuries and mortgage-backed securities will likely end on Wednesday with the central bank declaring that the economy has made “substantial further progress” in healing from the pandemic. With bond-buying 'taper' in the bag, Fed turns a wary eye to inflation 2021-11-03T04:00:00Z On March 15, they slashed the rate to near-zero, where it has stayed since, and promised to buy “at least” $500 billion of Treasuries and $200 billion of mortgage-backed securities in coming months. Fed's bond-buying timeline: roaring entry, boring exit? 2021-11-02T04:00:00Z Federal Reserve policymakers are expected to announce plans to start tapering the central bank’s $120 billion in monthly purchases of Treasuries and mortgage-backed securities at the end of their two-day policy meeting on Wednesday. Goldman Sachs brings forward U.S. rate hike projection by a year 2021-11-01T04:00:00Z The Fed has bought $120 billion of Treasurys and mortgage-backed securities since the beginning of the pandemic, which has kept mortgage rates low. Mortgage rates persist in their ascent, hitting six-month highs 2021-10-28T04:00:00Z The central bank has been buying $120 billion in Treasury and mortgage-backed securities, but it is poised to announce its plan to slow that program as soon as its meeting next week. The Fed’s favorite inflation index remained at 30-year high as pay surged. 2021-10-29T04:00:00Z Citigroup Chief Financial Officer Mark Mason said the bank has been buying Treasuries and mortgage-backed securities. As yields rise, some U.S. banks shift cash to Treasuries 2021-10-14T04:00:00Z That language provided the "advance" warning the central bank had promised to give before starting to reduce its $120 billion in monthly purchases of Treasury bonds and mortgage-backed securities, Barkin said in his remarks. Fed's Barkin says more data needed before rate hikes are appropriate 2021-10-14T04:00:00Z “Since late September, yields on Treasurys and mortgage-backed securities have been rising, and so have mortgage rates,” said Michael Becker, branch manager at Sierra Pacific Mortgage. Mortgage rates fall back below 3 percent but aren’t expected to be there long 2021-10-07T04:00:00Z Its results may suggest its strategy of investing its excess cash in government and mortgage-backed securities has paid off. U.S. banks expected to report mixed Q3 results, iffy loan outlook 2021-10-07T04:00:00Z But the main factor in the low rates is the Federal Reserve, which has been investing trillions of dollars into mortgage-backed security bonds to keep the housing market strong during the pandemic. Should you refinance your mortgage now? Factors to consider. 2021-09-28T04:00:00Z He spent last year warning publicly about risks in the commercial real estate market, and was helping to set Fed policy on mortgage-backed security purchases, which can help the housing market by improving financing conditions. Fed Officials Under Fire for 2020 Securities Trading Will Resign 2021-09-27T04:00:00Z Since early in the pandemic, the Fed has been buying $120 billion in Treasury bonds and mortgage-backed securities each month, which has held down mortgage rates. Mortgage rates show little change again this week 2021-09-23T04:00:00Z The Fed has been buying $120 billion a month of Treasuries and mortgage-backed securities to support the economy’s recovery from the coronavirus pandemic. Fed's Powell: Bond taper could be done by mid-2022 2021-09-22T04:00:00Z After the coronavirus pandemic hit, the Fed slashed its benchmark overnight interest rate to near zero and bought trillions of dollars of Treasuries and mortgage-backed securities. Five challenges the Fed chief may face in the next four years 2021-09-07T04:00:00Z The Fed slashed interest rates to near zero last year at the start of the pandemic and began purchasing $120 billion a month in Treasuries and mortgage-backed securities to stabilize markets and support the economy. Fed's Mester not ready to accept recent inflation surge as meeting central bank's goal 2021-08-30T04:00:00Z Treasury bonds and mortgage-backed securities each month to stem the economic fallout from the coronavirus pandemic, but is now moving toward reducing the stimulus as the recovery gains momentum. Exclusive-Fed's Bostic says 'reasonable' to begin bond-buying taper in October 2021-08-27T04:00:00Z The Fed will eventually reduce its $120 billion in monthly purchases of Treasuries and mortgage-backed securities it began last year as part of extraordinary efforts to prop up the virus-hit economy. Factbox-What investors want to learn from Fed's Powell 2021-08-26T04:00:00Z “There is some worry that we are doing more damage than helping,” by continuing to buy mortgage-backed securities that hold down borrowing costs and arguably support even higher asset values. Fed hawks circle before Powell speech 2021-08-26T04:00:00Z The policymaker repeated his view that he would support reducing the purchases of mortgage-backed securities and Treasury securities by equal amounts. Fed's Rosengren: Another strong jobs report could support September taper announcement 2021-08-16T04:00:00Z In terms of how to structure the taper, Bostic said he supports a "balanced" approach that reduces mortgage-backed securities and Treasury securities at the same rate. Fed officials say tapering is near, advancing discussion on rate hike 2021-08-09T04:00:00Z The Fed last year cut its benchmark overnight interest rate to near zero and began buying $120 billion in Treasuries and mortgage-backed securities each month to bolster the economy. U.S. consumers' near-term inflation expectations remain high, New York Fed 2021-08-09T04:00:00Z To fight the pandemic, the central bank also purchased more than $4 trillion worth of government and mortgage-backed securities. Wall Street roars on despite delta variant’s spread in the U.S. 2021-07-30T04:00:00Z The Fed is also purchasing $120 billion a month in Treasurys and mortgage-backed securities, which are intended to keep longer-term interest rates low to encourage borrowing and spending. As prices rise at rapid pace, Fed chief seeks patience 2021-07-15T04:00:00Z The central bank’s ongoing bond purchases, particularly of mortgage-backed securities, “is puzzling,” he added, at a time when house prices are rocketing higher. Fed's Powell rapped on inflation, regulations in Senate hearing 2021-07-15T04:00:00Z Some economists and policymakers are becoming especially critical of the Fed’s ongoing purchases of agency mortgage-backed securities, arguing the housing sector doesn’t need any more support. Prices rise 5.4 percent in June over last year, largest spike since 2008, as questions mount over whether inflation will be here to stay 2021-07-13T04:00:00Z Al-Hussainy is focusing on assets such as mortgage-backed securities, seeking exposure to U.S. consumers whose household balance sheets he expects to emerge from the pandemic in good shape. Analysis: Treasury rally leaves investors scrambling for yield plays 2021-07-11T04:00:00Z The minutes may also shed light on any initial discussion about how the central bank intends to scale back its monthly bond purchases of $80 billion in Treasury securities and $40 billion in mortgage-backed securities. Quickening U.S. recovery puts Fed taper discussion in focus 2021-07-06T04:00:00Z Possibly, but I think those are open questions, because mortgage-backed securities are also keeping longer-term rates low. San Francisco Fed’s Daly: Healthy economy needs less support 2021-07-02T04:00:00Z Questions include when and how fast they start dialing back purchases of $80 billion a month of Treasuries and $40 billion of mortgage-backed securities. Fed, ECB minutes and all eyes on China inflation 2021-07-02T04:00:00Z Daly said that among topics of discussion will be whether the Fed should reduce its purchases of mortgage-backed securities sooner or faster than Treasuries, given the heated housing market. Fed's Daly says could get to taper threshold late this year 2021-06-22T04:00:00Z Philadelphia Fed Bank President Patrick Harker also restated his call that "it may be time to at least think about tapering our $120 billion in monthly Treasury bond and mortgage-backed securities purchases." Asia shares off 3-month highs, caution ahead of U.S. payrolls 2021-06-03T04:00:00Z She believes a more substantial briefing at the July meeting from the staff who oversee the bond-buying program will quash the argument to cut mortgage-backed securities at a faster pace. Quickening U.S. recovery puts Fed taper discussion in focus 2021-07-06T04:00:00Z The central bank is also buying $80 billion a month in Treasurys and $40 billion a month in mortgage-backed securities in an effort to keep longer-term rates low and encourage more borrowing and spending. San Francisco Fed’s Daly: Healthy economy needs less support 2021-07-02T04:00:00Z One item in particular focus is whether the Fed might start by reducing its purchases of mortgage-backed securities, given the rapid rise in housing prices fueled in part by easy financial conditions. Fed's Brainard: more 'progress' on recovery ahead, though still far from goals 2021-06-01T04:00:00Z Fed leaders stuck with their current policy stance, keeping rates near zero and buying at least $120 billion of Treasury bonds and mortgage-backed securities each month. Fed says vaccinations and strong policies are helping economy as inflation rises 2021-04-28T04:00:00Z “About two months back, mortgage rates started going up steeply as mortgage-backed securities’ prices started dropping,” said Shashank Shekhar, chief executive of Arcus Lending. Covid concerns cause mortgage rates to retreat 2021-04-15T04:00:00Z “And that was when the stock market tanked from the mortgage-backed securities market crash,” she said. Smoking foes: Make COVID casino smoking ban permanent in NJ 2021-04-15T04:00:00Z In 2017, the bank agreed to pay $5.3 billion in penalties and compensation in the United States after admitting that it sold investors mortgage-backed securities that it knew would fail. ‘It’s Déjà Vu’: Credit Suisse Faces a Big Loss From Familiar Troubles 2021-04-06T04:00:00Z The Fed promised to buy an unlimited amount of Treasury debt and to purchase commercial mortgage-backed securities — efforts to save the most central markets. The Financial Crisis the World Forgot 2021-03-16T04:00:00Z At the same time, new issues in the market for commercial mortgage-backed securities — another type of debt, where real estate borrowers lock in longer-term financing — were down about 8 percent. Landlords Eager for Covid-Era Revamps Are Finding Hungry Investors 2021-02-25T05:00:00Z Also for the second quarter running, sovereign funds moved into U.S. mortgage-backed securities and U.S. short-duration instruments, while they also snapped up U.S. enhanced cash management strategies. Sovereign wealth funds pull $16.3 billion from market strategies in fourth quarter 2021-02-23T05:00:00Z But there were people who were short mortgage-backed securities who were absolutely telling the truth about what was happening in the market, because they were incentivized to do so. What did we learn from the GameStop mess? 2021-02-16T05:00:00Z But the historically low mortgage rates, spurred in part by a Federal Reserve move last spring to boost the economy through the purchase of mortgage-backed securities, has exacerbated demand. Home building sees a refreshed boom in new construction 2021-02-10T05:00:00Z “The Fed is using interest rates as a lever by buying bonds and mortgage-backed securities to keep rates low to stimulate the economy during the pandemic.” Uncertainty surrounding economy holds mortgage rates in place 2021-02-04T05:00:00Z The monthly purchases, made up of $80 billion in Treasury bonds and $40 billion in mortgage-backed securities, are aimed at putting downward pressure on long-term interest rates. Fed supported advance notice before changing bond purchases 2021-01-06T05:00:00Z At their meeting this week, officials opted against increasing the bank's purchases of US debt and mortgage-backed securities. Fed: Brighter forecast but challenging months still ahead 2020-12-16T05:00:00Z Patel is especially worried about hotels whose financing is tied to commercial mortgage-backed securities. Unsold U.S. hotel rooms near 1 billion as lodging crisis deepens 2020-12-12T05:00:00Z The central bank is not expected to do anything with its benchmark rate, but many observers will be looking to see what the Fed does with regard to its purchase of mortgage-backed securities. Mortgage rates level off one week after sinking to another record low 2020-12-10T05:00:00Z The Fed is also buying $120 billion in Treasuries and mortgage-backed securities each month, more than it did in response to the financial crisis. Analysis: Rising economic risks, but Fed likely won't tweak bond-buying for now 2020-12-04T05:00:00Z The reductions were spurred mostly by Federal Reserve action in buying mortgage-backed securities to stabilize the housing market during the economic downturn. Mortgage rates fall to record low amid weak jobs and consumer spending data 2020-11-19T05:00:00Z The decline was driven mainly by a Federal Reserve intervention — buying mortgage-backed securities, or bundled mortgages sold to investors — aimed at stabilizing the housing market amid the economic downturn. Mortgage rates climb on news of coronavirus vaccine breakthrough 2020-11-12T05:00:00Z But the market for commercial mortgage-backed securities already is providing an indication of what lies ahead. Mounting commercial real estate losses threaten banks, recovery 2020-11-11T05:00:00Z For now, the Fed is continuing to increase its holdings of Treasury securities and agency mortgage-backed securities at least at the current pace to keep the markets healthy. Fed chief says pace of economic recovery is moderating while pandemic threat looms large 2020-11-05T05:00:00Z “The Federal Reserve continues to keep the Federal Funds rate near zero and to buy mortgage-backed securities, which offsets all the political and economic shocks we’ve seen in recent months.” Mortgage rates stay steady amid economic and political turmoil 2020-10-08T04:00:00Z Mortgage rates plunged to historic lows once the Federal Reserve in March began buying mortgage-backed securities, or MBSs — bundles of mortgages sold to investors. Mortgage rates rise amid positive housing news 2020-09-24T04:00:00Z “The Federal Reserve’s continued commitment to a zero interest rate policy combined with the central bank’s purchases of mortgage-backed securities kept the 30-year fixed mortgage rate unchanged,” said George Ratiu, a senior economist at Realtor.com. Mortgage rates remain near historic lows 2020-09-17T04:00:00Z The Fed also said it would increase holdings of Treasury securities and agency mortgage-backed securities at the current pace, which officials say is helping stave off an even deeper financial crisis. The Federal Reserve projects the economy to improve next year, with unemployment falling to 5.5 percent by the end of 2021 2020-09-16T04:00:00Z Over all, there are $550 billion worth of commercial mortgage-backed securities outstanding in the United States, financing hotels, shopping centers, office buildings and even self-storage facilities. Struggling Hotel Owners, Some With Trump Ties, Seek Federal Bailout 2020-09-15T04:00:00Z “That’s what we saw in the financial crisis of 2008, and it’s as relevant now on climate change as it was then on mortgage-backed securities,” he said. Federal Report Warns of Financial Havoc From Climate Change 2020-09-08T04:00:00Z BlackRock’s fees for its role in assisting the Fed with its purchases of commercial mortgage-backed securities are capped at $8 million a year, according to details released in March. BlackRock conflicts managed 'extremely carefully,' Fed's Powell says 2020-07-29T04:00:00Z Treasuries and mortgage-backed securities each month to steady financial markets. Fed repeats pledge to keep rates low 2020-07-29T04:00:00Z As the pandemic intensified in March, the central bank’s policymakers slashed their key short-term rate to nearly zero and directed that the Fed buy roughly $2 trillion of Treasury and mortgage-backed securities. Fed wrestles with its next moves as virus stalls US economy 2020-07-28T04:00:00Z In March, the Federal Reserve slashed interest rates to zero and started buying tons of bonds, including mortgage-backed securities. 2020 is the summer of booming home sales — and evictions 2020-07-27T04:00:00Z In calling for climate-driven policy changes, the report’s authors likened the financial risk of global warming to the threat posed by the coronavirus today and by mortgage-backed securities that precipitated the financial crash in 2008. Federal Report Warns of Financial Havoc From Climate Change 2020-09-08T04:00:00Z Most of that stemmed from keeping the government bond and mortgage-backed securities markets on track: holdings of U.S. Fed's offered flood of credit so far just a trickle in practice 2020-06-30T04:00:00Z Commercial mortgage-backed securities loans like the one Gaekwad has for the Holiday Inn are packaged in a trust. Wall Street-owned loans tricky for hoteliers in virus era 2020-06-25T04:00:00Z The Fed said it would keep buying billions of dollars of Treasury and mortgage-backed securities to support the operations of financial market. Fed: Will use ‘full range of tools’ to boost economy 2020-06-12T04:00:00Z Treasury yields fell as the Fed promised to maintain monthly bond purchases at “the current pace” of about $80 billion in Treasuries and $40 billion in agency and mortgage-backed securities. Asia stocks set to fall on Fed's dour outlook 2020-06-10T04:00:00Z The Fed also specified that it will buy $80 billion of Treasury securities a month and $40 billion in mortgage-backed securities. Fed to keep providing aid and sees no rate hike through 2022 2020-06-10T04:00:00Z Banks and less-regulated financial institutions engaged in extremely reckless subprime and adjustable rate mortgage lending, and then they and others bundled these mortgages into mortgage-backed securities. Opinion | How We Broke the World 2020-05-30T04:00:00Z Unlike loans held by banks and insurance companies, commercial mortgage-backed securities are pools of real estate loans that are carved up by risk and sold to investors. Distressed Real Estate Market Beckons Opportunistic Buyers 2020-05-26T04:00:00Z The Mall of America, the largest U.S. shopping center, missed two months of payments for a $1.4 billion commercial mortgage-backed security, the latest sign of the devastating impact of pandemic-related shutdowns on the retail industry. Insurance industry groups propose taxpayer-backed business protection for future pandemics 2020-05-21T04:00:00Z But ironclad contracts and rigid or unresponsive lenders also strained the process of getting government loans for small hotel owners and other real estate businesses that borrow money from the commercial mortgage-backed securities market. How Wall Street Is Hampering Some Small Businesses Seeking Aid 2020-05-15T04:00:00Z First, outright purchases of Treasuries and agency mortgage-backed securities to restore functionality in these critical markets. Fed Chair Powell warns of prolonged U.S. recession after coronavirus 2020-05-13T04:00:00Z Mortgage rates “still are not at levels that are indicated by the prices of mortgage-backed securities,” Becker said. Mortgage rates sink to all-time lows and may be headed lower 2020-04-30T04:00:00Z As of mid-May, loan servicers representing 70 percent of the commercial mortgage-backed securities reported that 19.3 percent of hotel loans and 10 percent of retail loans were more than 30 days late, according to Trepp. Distressed Real Estate Market Beckons Opportunistic Buyers 2020-05-26T04:00:00Z To support the economy, the Fed has mainly purchased U.S. government bonds and mortgage-backed securities, much as it did during the 2008-2009 financial crisis. Fed chair warns of ‘heartbreaking’ scenario as U.S. economy suffers worst first quarter since Great Recession 2020-04-29T04:00:00Z According to HousingWire.com, the buying of mortgage-backed securities is aimed at providing liquidity and pushing interest rates lower, which would bolster the economy. Mississippi bucks national trends in home and car sales 2020-04-26T04:00:00Z “Mortgage rates are still higher than the prices of mortgage-backed securities and Treasury yields would otherwise indicate,” said Becker, who expects rates to fall. Mortgage rates show little change as the federal government addresses the industry’s liquidity concerns 2020-04-23T04:00:00Z Echoing the quantitative easing strategy the Fed employed during the financial crisis, it said it would buy government bonds, including mortgage-backed securities. Bonds Started to Falter. Then, the Fed Came to the Rescue. 2020-04-16T04:00:00Z He stopped borrowing from lenders in the commercial mortgage-backed securities market because of difficulty working with servicers during the last downturn, he added. Distressed Real Estate Market Beckons Opportunistic Buyers 2020-05-26T04:00:00Z The ledger, which totals up all the Treasury and mortgage-backed securities and other assets owned by the Federal Reserve, already ballooned from 4.16 trillion in late February to 6.08 trillion on April 8. Analysis | The U.S. has thrown more than $6 trillion at the coronavirus crisis. That number could grow. 2020-04-15T04:00:00Z Surpassing measures used in the 2008 crisis, on March 23rd, the Fed said it would continue buying Treasury securities and mortgage-backed securities "in the amounts needed to support smooth market functioning." The truth behind our all-American urge to offer corporate welfare 2020-04-11T04:00:00Z Mortgage servicers are obliged to send monthly principal and interest payments to mortgage-backed security investors even when the borrower doesn’t make a payment on his loan. Mortgage rates show little change as the federal government addresses the industry’s liquidity concerns 2020-04-23T04:00:00Z Much like in 2008 as part of its quantitative-easing program, the Fed has been buying mortgage-backed securities — or MBSs as they are often known — which are bundles of mortgages sold on a secondary market. Mortgage rates hold steady after weeks of turbulence 2020-04-09T04:00:00Z It is also about protecting the wealthy investors and fund managers, including Barrack, who are now looking at huge losses on all those mortgage-backed securities, collateralized loan obligations and leveraged loans they bought. Perspective | Wall Street’s next big ask: A bailout for ‘junk’ credit 2020-04-10T04:00:00Z On March 23, the central bank made its bond-buying program explicitly unlimited and broadened what it was willing to purchase, adding commercial mortgage-backed securities issued by government agencies. Fed Emergency Rate Cuts Came as Economy Turned ‘Profoundly Uncertain’ 2020-04-08T04:00:00Z Selendy was previously a lead attorney suing banks on behalf of the U.S. government over mortgage-backed securities. Cryptocurrency issuers, exchanges face U.S. class action lawsuits 2020-04-06T04:00:00Z Then, they were at 4 percent, as investors flocked to 10-year Treasurys, and the Federal Reserve announced it would be buying mortgage-backed securities. Perspective | How the coronavirus will change closings, home prices and what’s on the market 2020-03-30T04:00:00Z Treasurys and mortgage-backed securities are designed to keep the economy from sustaining permanent damage while the virus is brought under control. Dow pops nearly 700 points as Wall Street nears the end of a historically bad quarter 2020-03-30T04:00:00Z A mortgage-backed security, or MBS as it is often known, is a bundle of mortgages that is traded on a secondary market. Mortgage rates head back down as Federal Reserve becomes major buyer of mortgage-backed securities 2020-03-26T04:00:00Z The Fed also committed to buy as much government debt and as many mortgage-backed securities as it deems necessary. Timeline of key events in the spread of the new coronavirus 2020-03-27T04:00:00Z But Mr. Patel said he was more concerned about the portion of his mortgages, about 20 percent, that are tied up in commercial mortgage-backed securities. Big-Name Hotels Go Empty and Smaller Owners Are Hurt 2020-03-25T04:00:00Z A BlackRock subsidiary will advise the Fed on the purchase of billions of dollars in commercial mortgage-backed securities and investment-grade corporate bonds — a decision that echoed a move from the 2008 financial crisis. The Fed Asks for BlackRock’s Help in an Echo of 2008 2020-03-25T04:00:00Z For now, the New York Federal Reserve - which conducts the Fed’s purchases on Wall Street - says it will buy $325 billion in Treasury bonds and $250 billion in mortgage-backed securities just this week. Q&A: What did the Fed do Monday and who will it help? 2020-03-24T04:00:00Z Treasurys and mortgage-backed securities in an extraordinary effort to inject money into the economy and get investors off the sidelines. ‘It’s going to get bad’: As outbreak surges, nation faces tough start to a grim week 2020-03-23T04:00:00Z Treasurys and mortgage-backed securities, an extraordinary backstop for lending markets that goes much further than what the central bank did in the 2008-2009 crisis. Fed announces unlimited bond purchases in unprecedented move aimed at preventing an economic depression 2020-03-23T04:00:00Z The Fed will also purchase Treasuries and agency mortgage-backed securities in the amounts needed to support the smooth functioning of the U.S. debt market. Fed's big move could help U.S. Treasury liquidity, but effects may not last long 2020-03-23T04:00:00Z The new plan includes a commitment to buy as many US government bonds and mortgage-backed securities as needed, to support the economy and financial system. Federal Reserve launches 'unlimited QE' to protect US economy from Covid-19 disruption - business live 2020-03-23T04:00:00Z It also committed to buy as much government debt and mortgage-backed securities it deems necessary to ensure those markets will function. Q&A: What did the Fed do Monday and who will it help? 2020-03-24T04:00:00Z It also says it will buy an unlimited amount of Treasury bonds and mortgage-backed securities in an effort hold down interest rates and ensure those markets function smoothly. Federal Reserve to lend up to $300B to businesses, cities 2020-03-23T04:00:00Z This week alone, the Fed plans daily purchases of $75 billion worth of Treasury securities and $50 billion worth of mortgage-backed securities. Fed announces unlimited bond purchases in unprecedented move aimed at preventing an economic depression 2020-03-23T04:00:00Z It previously announced it would buy at least $500 billion of Treasury securities and at least $200 billion of mortgage-backed securities. Fed's big move could help U.S. Treasury liquidity, but effects may not last long 2020-03-23T04:00:00Z Treasury and mortgage-backed securities will be expanded as much as needed “to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.” Fed mounts aggressive new steps to combat coronavirus hit to economy 2020-03-23T04:00:00Z The Fed’s move followed sweeping action it took on Sunday, when it slashed rates nearly to zero and announced a program to buy up government debt and mortgage-backed securities. Fed Unveils Emergency Lending Programs as Companies Struggle to Raise Cash 2020-03-17T04:00:00Z On Sunday, the Fed cut interest rates to near zero and pledged to buy hundreds of billions of dollars’ worth of government bonds and mortgage-backed securities with freshly created money. Markets Plunge as a Global Recession Appears Almost Inevitable 2020-03-16T04:00:00Z Some of the purchases will be commercial mortgage-backed securities, an effort to ease the strain as malls and other retail hubs look increasingly at risk of bankruptcy. Fed announces unlimited bond purchases in unprecedented move aimed at preventing an economic depression 2020-03-23T04:00:00Z It also bought government debt and mortgage-backed securities that expanded the central bank’s balance sheet to historic highs. AP FACT CHECK: Trump, Dems and politics of the pandemic 2020-03-16T04:00:00Z The rest will be mortgage-backed securities, an effort to stabilize home loans. Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention 2020-03-15T04:00:00Z On Monday, the Fed will start buying at least $500 billion in Treasury securities and at least $200 billion of mortgage-backed securities issued by Fannie Mae and Freddie Mac. AP Explains: What did the Federal Reserve do Sunday and why? 2020-03-16T04:00:00Z Besides cutting rates, the Fed will buy at least $500 billion of Treasury securities and at least $200 billion of mortgage-backed securities. Stock futures sink after rate cut, new virus restrictions 2020-03-15T04:00:00Z Officials said they also would buy at least $700 billion of Treasury and mortgage-backed securities to help maintain smooth functioning of financial markets. Fed slashes rate to near zero, eases lending rules 2020-03-15T04:00:00Z The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve’s agency mortgage-backed securities transactions. Federal Reserve statement - lowering federal funds rate to 0 to .25% 2020-03-15T04:00:00Z Here’s the full statement from the Federal Reserve Bank of New York on Treasury and agency mortgage-backed securities: New York Fed full statement: Treasuries, mortgage-backed securities 2020-03-15T04:00:00Z They did that by buying up government bonds, mortgage-backed securities and, in some places, common stock, in the process artificially propping up the prices of those assets even as they drove down interest rates. Perspective | A market crash was coming, even before coronavirus 2020-03-09T04:00:00Z But central banks in other nations can buy equities and corporate bonds, whereas the Fed is legally limited to government-backed debt, like mortgage-backed securities and Treasury notes. Bonds Hit Historic Lows, Prompting Fed to Ponder: What More Can We Do? 2020-03-06T05:00:00Z Treasury and mortgage-backed securities, as a way to buttress stressed markets. Standard U.S. economic weapons may be inadequate for coronavirus crisis 2020-03-06T05:00:00Z The Committee will also reinvest all principal payments from the Federal Reserve’s holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities. Federal Reserve statement - lowering federal funds rate to 0 to .25% 2020-03-15T04:00:00Z “People expecting mortgage rates to be at all-time lows based on Treasury yields forget that when mortgage rates were at all-time lows the Federal Reserve was buying billions of mortgage-backed securities every month,” Becker said. Mortgage rates head back down on coronavirus fears 2020-02-27T05:00:00Z Blankfein later apologized for what The Guardian described as "practices that led to the credit crunch, such as the creation of 'toxic' mortgage-backed securities." CEO who ran Goldman Sachs during financial crisis warns Bernie Sanders will “ruin" economy 2020-02-13T05:00:00Z The Fed held about $4.5 trillion in assets in 2017 — mostly U.S. government bonds and mortgage-backed securities — as part of its efforts to stimulate the economy and keep interest rates low. Federal Reserve leaves interest rates unchanged, but officials are monitoring coronavirus and other risks 2020-01-29T05:00:00Z The Fed acquired a vast portfolio of Treasuries and mortgage-backed securities in the wake of the financial crisis through three operations known as quantitative easing, or QE. What's next for the Federal Reserve's balance sheet? 2020-01-29T05:00:00Z We then compared information in the tax reports to loan data made public when Trump’s debt became part of pools of loans sold publicly as bonds known as commercial mortgage-backed securities. Trump tax records reveal new inconsistencies — this time for Trump Tower 2019-11-27T05:00:00Z We compared the tax records with loan records that became public when Trump’s lender, Ladder Capital, sold the debt on his properties as part of mortgage-backed securities. Never-before-seen Trump tax documents show major inconsistencies 2019-10-16T04:00:00Z When the financial crisis hit in 2008, the Fed bought up mortgage-backed securities as well as long-term Treasurys in an effort to increase the availability of credit for home purchases and prop up the economy. Mortgage rates pull back on weaker-than-expected economic data 2019-10-10T04:00:00Z Then, the problems in the market were centered around the market for mortgage-backed securities, which were often labeled AAA, and were used by borrowers as collateral in the repurchase markets. Wall Street Is Buzzing About Repo Rates. Here’s Why. 2019-09-18T04:00:00Z They buy mortgages from banks that originate them, then securitize them and sell those mortgage-backed securities to investors. Trump Moves to Send Mortgage Giants Back to Private Sector 2019-09-05T04:00:00Z Mortgage rates showed little change this week as investors continued to shy away from mortgage-backed securities. Mortgage rates hold steady despite sinking bond yields 2019-08-29T04:00:00Z In the midst the Great Recession, the Fed bought a large amount of Treasury bonds and mortgage-backed securities to keep interest rates low. Fed cuts interest rates for first time since 2008 but sends confusing signals about what’s next 2019-07-31T04:00:00Z Just as they did with their toxic mortgage-backed securities, they marketed these products that they sliced and diced for pension funds and retirement accounts making money hand over fist with every transaction. Lessons from the Puerto Rican insurrection: "When tyranny is the law, revolution is the order." 2019-07-28T04:00:00Z Deutsche Bank becomes a leader in mortgage-backed securities, bundling up homeowners’ debt into huge packages and selling them on to investors. Deutsche Bank posts worst quarterly loss in four years 2019-07-24T04:00:00Z To help preserve those traditional loans, the administration said it would support an effort by Congress to provide an explicit, but limited, federal guarantee for mortgage-backed securities, which underpin banks’ lending to home buyers. Trump Moves to Send Mortgage Giants Back to Private Sector 2019-09-05T04:00:00Z It said that would resolve the last of 14 lawsuits it faced over residential mortgage-backed securities, following $870 million of settlements of the other 13 lawsuits. GE's WMC Mortgage unit, felled by financial crisis, files Chapter... 2019-04-23T04:00:00Z The Justice Department on Friday said the accord resolves claims that GE concealed the poor quality of the loans and WMC’s lax fraud controls when packaging the loans into residential mortgage-backed securities sold to investors. GE to pay $1.5 billion civil fine to settle subprime mortgages case 2019-04-12T04:00:00Z The settlement resolves claims that GE and WMC misrepresented the quality of the loans, as well as WMC’s internal quality and fraud controls, in connection with the marketing and sale of residential mortgage-backed securities. GE to pay $1.5 billion penalty related to subprime mortgages 2019-04-12T04:00:00Z That is why the firm invested heavily, for example, in the federally guaranteed mortgage-backed securities that most other firms were shedding. Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street 2019-04-05T04:00:00Z That program, known as quantitative easing, resulted in the Fed buying more than $4 trillion worth of Treasury bonds and mortgage-backed securities as a way to increase the supply of money in the financial system. Trump Says Fed Should Cut Rates and Lift Economy 2019-04-05T04:00:00Z The Fed accumulated $4.5 trillion worth of Treasury and mortgage-backed securities in an effort to stimulate the economy after the Great Recession. Fed, Dimming Its Economic Outlook, Predicts No Rate Increases This Year 2019-03-20T04:00:00Z The Justice Department said WMC overstated the quality of a majority of loans it packaged into residential mortgage-backed securities and its fraudulent practices resulted in billions of dollars of investor losses. GE to pay $1.5 billion civil fine to settle subprime mortgages case 2019-04-12T04:00:00Z The more intense focus among investors may be on the balance sheet, and the Fed’s plans to stop reducing its holdings of Treasury bonds and mortgage-backed securities each month by as much as $50 billion. Fed's balance sheet plan, economic outlook under microscope 2019-03-20T04:00:00Z The Fed is trimming its sizable holdings of Treasury bonds and mortgage-backed securities. Powell says Fed taking ‘wait-and-see’ approach on rate hikes 2019-03-08T05:00:00Z The Fed is trimming its sizable holdings of Treasury bonds and mortgage-backed securities. Powell says Fed taking ‘wait-and-see’ approach on rate hikes 2019-03-08T05:00:00Z Other financial innovations over the past 50 years include mortgage-backed securities, the development of private secondary mortgage markets and real estate syndicates. Disruption opens doors to real estate opportunities | Provided by UW Runstad Department of Real Estate 2019-02-22T05:00:00Z The controversial initiative, known as quantitative easing, involved the Fed purchasing trillions of dollars of Treasury bonds and mortgage-backed securities from 2008-14. Worried about a slowing economy, Fed officials want to maintain a key stimulus program 2019-02-20T05:00:00Z A strong jobs report often means wage inflation, and because inflation negatively affects bonds such as mortgage-backed securities, home loan rates often move higher. Mortgage rates tumble to 10-month low 2019-02-07T05:00:00Z Analysts said investors were also reassured by the US central bank's clarification of its plans to shrink its portfolio of bonds and mortgage-backed securities. Fed to be 'patient' with rate changes 2019-01-30T05:00:00Z Financial markets will also be watching how the Fed handles the growing spotlight on its practice of running off up to $50 billion in Treasury bonds and mortgage-backed securities from its balance sheet each month. Fed likely to hold rates steady as it navigates data blind spots 2019-01-30T05:00:00Z Treasuries and mortgage-backed securities, and whether and how to revamp the Fed’s monetary policy approach. Fed's Powell works Congress as Trump stews over rate hikes 2019-01-29T05:00:00Z After pushing the rate to near zero in late 2008, Fed officials decided to try to stimulate spending by purchasing large amounts of Treasury bonds and mortgage-backed securities. Worried about a slowing economy, Fed officials want to maintain a key stimulus program 2019-02-20T05:00:00Z The Fed ultimately amassed a $4.2 trillion portfolio of United States Treasury debt and mortgage-backed securities as part of a strategy known as quantitative easing. Effects of the 2013 ‘Taper Tantrum’ Linger Over Fed Policy 2019-01-12T05:00:00Z Policymakers also raised the possibility of shedding mortgage-backed securities “more quickly” than the current plan, which does not anticipate any MBS sales. U.S. Fed may be open to changes to balance sheet plan, minutes show 2019-01-09T05:00:00Z Mr Powell said that he did not believe the Fed's removal of stimulus by shrinking holdings of Treasuries and mortgage-backed securities played a major role in the recent market turmoil. 'No' Jerome Powell won't resign 2019-01-04T05:00:00Z It is also removing stimulus by reducing its portfolio of Treasuries and mortgage-backed securities, which were purchased in response to the financial crisis. Trump warns Fed against 'another mistake' 2018-12-18T05:00:00Z The president’s “50 B’s” comment is apparently a reference to the central bank’s monthly target for reducing its balance sheet of Treasury bonds and mortgage-backed securities. Donald Trump calls on Fed to stop raising interest rates amid stock-market dive 2018-12-18T05:00:00Z A slowing economy will bring the U.S. growth rate closer to the stalled economies of China, Europe and Japan and limit inflation, making mortgage-backed securities an attractive alternative to investment-grade credit, Pimco wrote. Bond giant Pimco expects 30 percent chance of U.S. recession in '19 2018-12-13T05:00:00Z The Fed holds about $4 trillion in Treasuries and mortgage-backed securities on its balance sheet, the majority of them in longer-dated maturities. U.S. yield curve to invert in 2019, recession to follow: Reuters poll 2018-12-12T05:00:00Z Department of Justice is preparing civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. UBS faces new legal battle in U.S. over mortgage securities 2018-11-08T05:00:00Z Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis, according to a company statement. UBS expects to be sued by U.S. Justice Department over crisis-era... 2018-11-07T05:00:00Z “After staying mostly stable for three weeks, the market mood is turning bearish towards the mortgage-backed securities again,” Shekhar said. Mortgage rates retreat but remain near 7-year highs 2018-11-01T04:00:00Z The private market for mortgage-backed securities, which helped fuel so much easy lending during the housing boom, is now a sliver of what it was back then. For homebuyers, mortgages are safer but tougher to come by 2018-09-13T04:00:00Z And the Fed purchased about $4 trillion in mortgage-backed securities and Treasury bonds to push down long-term interest rates in a maneuver known as quantitative easing. A decade after the financial crisis, many Americans are still struggling to recover 2018-09-09T04:00:00Z They issued mortgage-backed securities encompassing roughly 50% of all first-lien mortgages and were embroiled in multiple scandals such as conflicts of interest and over-the-top lobbying. Opinion | Fannie and Freddie, Make Way for Ginnie Mae 2018-09-05T04:00:00Z Of this amount, almost 40% is held in risky financial assets, such as corporate bonds, mortgage-backed securities, auction-rate securities and equities. Opinion | Apple Is a Hedge Fund That Makes Phones 2018-08-23T04:00:00Z The 2007 housing downturn became a 2008 global financial crisis because mortgage-backed securities were stuffed throughout a highly leveraged global financial system. What Will Cause the Next Recession? A Look at the 3 Most Likely Possibilities 2018-08-02T04:00:00Z “Abuses in the mortgage-backed securities industry led to a financial crisis that devastated millions of Americans,” Alex Tse, the acting U.S. attorney for the Northern District of California, said in the statement. Wells Fargo to pay $2.09 billion to settle probe into crisis-era mortgage abuses 2018-08-01T04:00:00Z As with mortgage-backed securities, one attractive feature of CLOs is that they are sliced into what are known as tranches. The junk debt that tanked the economy? It’s back in a big way. 2018-07-27T04:00:00Z The proposal would direct the corporation to guarantee qualified privately insured mortgage-backed securities. Opinion | Fannie and Freddie, Make Way for Ginnie Mae 2018-09-05T04:00:00Z Through mortgage-backed securities and related instruments, they extended credit to home buyers of dubious credit quality. Learning the Right Lessons From the Financial Crisis 2018-07-27T04:00:00Z These companies have financed their growth by selling billions of dollars in bonds – the rental-market equivalent of the mortgage-backed securities that led to the financial crisis – to pension funds and other big institutions. Special Report: Spiders, sewage and fees - the other side of... 2018-07-27T04:00:00Z Bear Stearns and Lehman Brothers would borrow short-term based on their strong balance sheets and then buy bundles of mortgage-backed securities, which were often hedged against default by AIG’s balance sheet. Look Out, Bitcoin Has Lost Its Tether 2018-07-01T04:00:00Z That was the situation back in 2006 when investors were so keen to own “mortgage-backed securities” that Wall Street was begging lenders for more and more “product.” The junk debt that tanked the economy? It’s back in a big way. 2018-07-27T04:00:00Z These include greater portfolio lending and an expanded private market in mortgage-backed securities. Opinion | Fannie and Freddie, Make Way for Ginnie Mae 2018-09-05T04:00:00Z Government would guarantee the mortgage-backed securities they issue but only against a catastrophic market meltdown, and in return for a fee. Opinion | Congress needs to come up with a permanent fix for its ‘temporary’ housing-finance takeover 2018-06-24T04:00:00Z Treasury bonds and mortgage-backed securities that it bought to boost the economy after the 2007-2009 recession. With rate hike in the bag, focus turns to Fed's policy language 2018-06-12T04:00:00Z Department of Justice into the bank’s mis-selling of toxic mortgage-backed securities delayed the share sale. Britain could sell 10 percent stake in RBS as soon as this week:... 2018-05-28T04:00:00Z RBS is just the latest bank to settle Justice Department allegations that it misled investors about mortgage-backed securities, helping trigger the financial crisis. RBS to pay $4.9 billion to settle U.S. claims it sold risky mortgage bonds that fueled financial crisis Department of Justice investigation into the bank’s sale of mis-priced mortgage-backed securities before the financial crisis and clears one of the most debilitating hangovers for the bank from that era. 'Humbling' U.S. settlement clears crisis-era hangover for RBS 2018-05-10T04:00:00Z Department of Justice claims that it misled investors over the sale of mortgage-backed securities before the 2008 financial crisis. Royal Bank of Scotland tentatively settles US claims 2018-05-10T04:00:00Z The implosion of markets for risky residential mortgage-backed securities and related derivatives contributed to the 2008 global financial crisis and the recession that followed. RBS reaches $4.9 billion deal to settle U.S. mortgage bond probe 2018-05-09T04:00:00Z Authorities say he was the first person convicted of a crime related to the program that used bailout funds in the financial meltdown to restart trading markets for mortgage-backed securities. Appeals court reverses conviction of ex-Wall Street trader 2018-05-03T04:00:00Z The $1bn fine comes on top of the $4.25bn the bank has set aside for liabilities related to the fake accounts scandal and the mortgage-backed securities issues it had before the financial crisis. Wells Fargo to pay $1bn in largest fine levied against a bank under Trump 2018-04-20T04:00:00Z That comes on top of the $4.25 billion the bank set aside last year for liabilities related to its fake accounts scandal and the mortgage-backed securities issues it had before the financial crisis. Punishing Wells Fargo: Just Deserts, or Beating a Dead Horse? 2018-04-19T04:00:00Z Most politicians in Washington did not understand the complexities of mortgage-backed securities in 2009, when Wall Street executives testified in the wake of the financial crisis. Facebook Is Complicated. That Shouldn’t Stop Lawmakers. 2018-04-11T04:00:00Z The U.S. probe targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted. Barclays agrees to $2-billion settlement stemming from crisis-era toxic mortgage bonds 2018-03-29T04:00:00Z Schneiderman’s office said that UBS sold mortgage-backed securities to investors based on incorrect statements and that in many cases the mortgages did not comply with underwriting rules. UBS to pay New York state $230 million over faulty mortgage securities 2018-03-21T04:00:00Z As part of the New York settlement the bank admitted to selling residential mortgage-backed securities that failed to comply with underwriting guidelines. RBS to pay New York $500m for deceptions ahead of 2008 crash 2018-03-06T05:00:00Z Under the agreement, RBS admits that it sold investors residential mortgage-backed securities that failed to comply with underwriting guidelines. UK’s RBS to pay NY state $500M for mortgage misconduct 2018-03-06T05:00:00Z Department of Justice over mortgage-backed securities that were mis-sold before the financial crisis. UK taxpayer-owned RBS reports first profit in a decade 2018-02-23T05:00:00Z Treasurys, currencies and mortgage-backed securities, as of a Dec. 31 securities filing. Why taking gun stocks out of the Florida teachers pension is not simple 2018-02-21T05:00:00Z Securities and Exchange Commission charges that its traders and salespeople misled customers about prices of commercial mortgage-backed securities, the regulator said on Monday. Deutsche Bank, trader settle U.S. SEC charges over bond prices 2018-02-12T05:00:00Z Royal Bank of Scotland on Tuesday agreed to pay $500m to settle charges of using deceptive practices while marketing and selling mortgage-backed securities before the 2008 financial crisis. RBS to pay New York $500m for deceptions ahead of 2008 crash 2018-03-06T05:00:00Z Investors got carried away, first in tech sector equities, and then, more seriously in mortgage-backed securities in the lead-up to 2007. Financial markets abhor an equilibrium 2018-02-09T05:00:00Z Legal battles have ranged from its role in the marketing of U.S. mortgage-backed securities to a so-called “mirror trading” scheme that could be used for money laundering. Deutsche Bank reports third consecutive annual loss 2018-02-02T05:00:00Z That doesn’t mean he’s exactly beloved: Like its rivals, the bank did pay billions to settle allegations surrounding its sales of mortgage-backed securities prior to the crisis. Health care’s Three Amigos? The big names behind a new push 2018-01-31T05:00:00Z Securities and Exchange Commission charges that its traders and salespeople misled customers about prices of commercial mortgage-backed securities, the regulator said on Monday. Deutsche Bank, trader settle U.S. SEC charges over bond prices 2018-02-12T05:00:00Z They would issue mortgage-backed securities covered by an explicit government guarantee. A Rogue Treasury Department Turns Toward the 1930s 2018-01-24T05:00:00Z The settlement announced by California Attorney General Xavier Becerra was the latest by RBS aimed at resolving claims stemming from its sale of mortgage-backed securities, which were at the heart of the 2008 financial crisis. RBS to pay $125 million to settle California mortgage bond claims 2017-12-22T05:00:00Z Legal battles have ranged from its role in the marketing of U.S. mortgage-backed securities to a so-called “mirror trading” scheme that could be used for money laundering. Deutsche Bank reports third consecutive annual loss 2018-02-02T05:00:00Z Far more significant for the long-term future of the companies—as well as for banks, homeowners and investors in mortgage-backed securities—is a plan being discussed in Congress. How the Great Fannie and Freddie Dustup Could End 2017-12-21T05:00:00Z The asset base of the world’s financial institutions crumbled in the fall of 2008 as mortgage-backed securities collapsed and credit markets froze. A Booming Economy Will Challenge the Fed 2017-12-13T05:00:00Z Department of Justice over its mis-selling of toxic mortgage-backed securities are “diminishing”, its chief executive said in a Bloomberg TV interview. RBS CEO says chance of U.S. settlement this year diminishing: Bloomberg 2017-12-08T05:00:00Z Justice Department investigation into its sales of mortgage-backed securities before the financial crisis. RBS to pay $125 million to settle California mortgage bond claims 2017-12-22T05:00:00Z The Securities and Exchange Commission had charged Goldman with civil fraud as a result of its role in creating Abacus, a synthetic mortgage-backed security that lost some sophisticated investors more than a billion dollars. Marty Chavez Muses on Rocky Times and the Road Ahead 2017-11-14T05:00:00Z Daly’s office says in some instances, RBS employees lied to buyers of mortgage-backed securities and collateralized loan obligations about a seller’s asking price and pocketed the difference. RBS agrees to pay $44 million to settle fraud claims 2017-10-26T04:00:00Z The trading was done through the bank’s U.S. asset-backed securities, mortgage-backed securities and commercial mortgage-backed securities trading group, which was shut down in 2015, settlement papers show. RBS to pay $44 million to settle U.S. claims it defrauded customers 2017-10-26T04:00:00Z Department of Justice over its mis-selling of toxic mortgage-backed securities are “diminishing”, its chief executive said in a Bloomberg TV interview. RBS CEO says chance of U.S. settlement this year diminishing: Bloomberg 2017-12-08T05:00:00Z The settlement announced by California Attorney General Xavier Becerra was the latest by RBS aimed at resolving claims stemming from its sale of mortgage-backed securities, which were at the heart of the 2008 financial crisis. RBS to pay $125 million to settle California mortgage bond claims 2017-12-22T05:00:00Z Conservative lawmakers have been pressuring the central bank to start reducing the Treasury bonds and mortgage-backed securities it accumulated in its response to the 2007-2009 financial crisis. Conservative Republican tries to derail reappointment of Fed's Yellen 2017-10-19T04:00:00Z The Federal Reserve at its September meeting capped months of careful preparation by making the widely expected announcement that it would begin to reduce its holdings of Treasuries and mortgage-backed securities. Nobel in Economics Announced, and Bank Earnings Begin 2017-10-08T04:00:00Z The trading was done through the bank’s U.S. asset-backed securities, mortgage-backed securities and commercial mortgage-backed securities trading group, which was shut down in 2015, settlement papers show. RBS to pay $44 million to settle U.S. claims it defrauded customers 2017-10-26T04:00:00Z Housing, too, is famously hard to short; in the global crisis those few financiers who found vehicles to bet against mortgage-backed securities eventually made a fortune. Manias, panics and Initial Coin Offerings 2017-10-05T04:00:00Z Justice Department investigation into its sales of mortgage-backed securities before the financial crisis. RBS to pay $125 million to settle California mortgage bond claims 2017-12-22T05:00:00Z Conservative lawmakers have been pressuring the central bank to start reducing the Treasury bonds and mortgage-backed securities it accumulated in its response to the 2007-2009 financial crisis. Conservative Republican tries to derail reappointment of Fed's Yellen 2017-10-19T04:00:00Z American mortgage-backed securities were the killers in 2008; it is bound to be something different this time round. The next financial crisis may be triggered by central banks 2017-09-28T04:00:00Z Treasury bonds and mortgage-backed securities - acquired in the years after the 2008 financial crisis - from October. Futures flat after Fed signals third rate hike this year 2017-09-21T04:00:00Z Treasury bonds and mortgage-backed securities acquired in the years after the 2008 financial crisis. Dollar shines, Asia shares slip after Fed signals December rate hike 2017-09-20T04:00:00Z The Federal Reserve is expected to announce today that it will gradually reduce its $4.2 trillion portfolio of United States Treasury debt and mortgage-backed securities. Morning Agenda: Masayoshi Son Warns of the Singularity 2017-09-20T04:00:00Z The Fed also is likely to announce a scheduled reduction of its approximately $4.2 trillion in holdings of bonds and mortgage-backed securities, most of it accumulated in response to the 2007-2009 financial crisis and recession. Fed conflicted by tepid U.S. inflation, global economic rebound 2017-09-20T04:00:00Z Treasuries and $1.8 trillion in mortgage-backed securities as a way to increase demand and keep yields low, which in turn reduced interest rates to ultra-low levels. Analysis | Investors have gotten a boost from the Fed for 9 years. That ends Wednesday. 2017-09-19T04:00:00Z Treasury bonds and mortgage-backed securities - acquired in the years after the 2008 financial crisis - from October. Futures flat after Fed signals third rate hike this year 2017-09-21T04:00:00Z Treasury bonds and mortgage-backed securities acquired in the years after the 2008 financial crisis. Dollar shines, Asia shares slip after Fed signals December rate hike 2017-09-20T04:00:00Z The mixed data is unlikely to change expectations that the Federal Reserve will announce on Wednesday a plan to start unwinding its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. U.S. housing starts fall for second straight month; outlook murky 2017-09-19T04:00:00Z The Fed also is likely to announce a scheduled reduction of its approximately $4.2 trillion in holdings of bonds and mortgage-backed securities, most of it accumulated in response to the 2007-2009 financial crisis and recession. Fed conflicted by tepid U.S. inflation, global economic rebound 2017-09-20T04:00:00Z The central bank is also expected to announce plans to begin unwinding its $4.2 trillion portfolio of Treasuries and mortgage-backed securities, nearly a decade after the global financial crisis. Wall St. Hits New Record Highs as Financials, Industrials Gain 2017-09-18T04:00:00Z The Federal Reserve is widely expected to announce that it will begin to reduce its vast holdings of Treasuries and mortgage-backed securities, an important step toward concluding its post-crisis economic stimulus campaign. Europe Weighs Taxing Tech Companies and the Fed Meets 2017-09-17T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its Sept. 19-20 policy meeting. U.S. consumer prices accelerate in August 2017-09-14T04:00:00Z The mixed data is unlikely to change expectations that the Federal Reserve will announce on Wednesday a plan to start unwinding its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. U.S. housing starts fall for second straight month; outlook murky 2017-09-19T04:00:00Z Paul Mangione, the former trader, is accused in the complaint of misrepresenting information about the loans underpinning two residential mortgage-backed securities that were sold to investors. Justice Department charges ex-Deutsche Bank subprime trader with civil fraud 2017-09-11T04:00:00Z It is, however, expected to announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities next month. U.S. consumer spending rises moderately; inflation muted 2017-08-31T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities in September and hike rates in December. U.S. consumer confidence hits five-month high; house prices rise 2017-08-29T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its Sept. 19-20 policy meeting. U.S. consumer prices accelerate in August 2017-09-14T04:00:00Z The central bank is also considering reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. Wall Street Opens Lower on Inflation, Trump Policy Worries 2017-08-17T04:00:00Z Paul Mangione, the former trader, is accused in the complaint of misrepresenting information about the loans underpinning two residential mortgage-backed securities that were sold to investors. Justice Department charges ex-Deutsche Bank subprime trader with civil fraud 2017-09-11T04:00:00Z It is, however, expected to announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities next month. U.S. consumer spending rises moderately; inflation muted 2017-08-31T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities in September and hike rates in December. U.S. consumer confidence hits five-month high; house prices rise 2017-08-29T04:00:00Z But labor market strength is probably sufficient for the Fed to outline a proposal to begin offloading its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September. U.S. jobless claims fall to near six-month low 2017-08-17T04:00:00Z The readout of the July 25-26 meeting, at which policymakers voted unanimously to keep rates unchanged, also showed the Fed increasingly ready to begin reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. Fed policymakers grow more worried about weak inflation: minutes 2017-08-16T04:00:00Z Treasury and mortgage-backed securities -- is expected to help push up mortgage and other longer-term interest rates. Several Fed officials wanted to set a date for asset reductions but policymakers left the timeline vague 2017-08-16T04:00:00Z The central bank is expected to announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its policy meeting next month. Modest rise in U.S. consumer prices may delay Fed rate hike 2017-08-11T04:00:00Z The central bank hopes to start unwinding QE soon, but its current plans would leave some mortgage-backed securities on its balance-sheet for more than a decade. Who will be the next chair of the Federal Reserve? 2017-08-10T04:00:00Z But labor market strength is probably sufficient for the Fed to outline a proposal to begin offloading its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September. U.S. jobless claims fall to near six-month low 2017-08-17T04:00:00Z The readout of the July 25-26 meeting, at which policymakers voted unanimously to keep rates unchanged, also showed the Fed increasingly ready to begin reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. Fed policymakers grow more worried about weak inflation: minutes 2017-08-16T04:00:00Z The U.S. central bank is expected to announce a plan to start shrinking its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its policy meeting next month. U.S. producer prices record biggest drop in 11 months 2017-08-10T04:00:00Z The central bank is expected to announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its policy meeting next month. Modest rise in U.S. consumer prices may delay Fed rate hike 2017-08-11T04:00:00Z U.S. banks have paid huge sums to settle all sorts of allegations related to market-rigging and investor-fleecing, many involving mortgage-backed securities. Analysis | The Finance 202: Wells Fargo mess may make it harder to roll back Dodd-Frank 2017-08-08T04:00:00Z Economists expect the U.S. central bank will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September. U.S. job openings at record high; labor market tightening 2017-08-08T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.5 trillion portfolio of Treasury bonds and mortgage-backed securities in September. Strong U.S. jobs report seen in July; wages likely rose 2017-08-04T04:00:00Z The U.S. central bank is expected to announce a plan to start shrinking its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its policy meeting next month. U.S. producer prices record biggest drop in 11 months 2017-08-10T04:00:00Z Economists believe that labor market tightness will encourage the Fed to announce a plan to start offloading its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities in September. U.S. jobless claims fall as labor market tightens further 2017-08-03T04:00:00Z The Fed accumulated more than $4 trillion in Treasury securities and mortgage-backed securities as part of its campaign to reduce borrowing costs for businesses and consumers. The Fed, Leaving Rates Unchanged, Expects to Wind Down Stimulus ‘Relatively Soon’ 2017-07-26T04:00:00Z Economists expect the U.S. central bank will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September. U.S. job openings at record high; labor market tightening 2017-08-08T04:00:00Z Economists expect the Fed will announce a plan to start reducing its $4.5 trillion portfolio of Treasury bonds and mortgage-backed securities in September. Strong U.S. jobs report seen in July; wages likely rose 2017-08-04T04:00:00Z The last crisis arose from the interaction between the market for mortgage-backed securities and the banking system. Could bond funds break the market? 2017-07-20T04:00:00Z Economists believe that labor market tightness will encourage the Fed to announce a plan to start offloading its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities in September. U.S. jobless claims fall as labor market tightens further 2017-08-03T04:00:00Z The bank was responsible for either pooling those loans into mortgage-backed securities that were sold to investors, according to Trepp, a data and analytics firm, or distributing payments to the investors. Big German Bank, Key to Trump’s Finances, Faces New Scrutiny 2017-07-19T04:00:00Z Economists expect another rate hike and the U.S. central bank to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities later this year. U.S. jobless claims rise for third straight week 2017-07-06T04:00:00Z It also published a plan for paring its massive holdings of Treasuries and mortgage-backed securities, which it accumulated after the financial crisis to reduce borrowing costs for businesses and consumers. Fed Officials Split Over Timing on Reducing Debt Holdings 2017-07-05T04:00:00Z The issue of when to begin reducing the Fed's $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities and how it might affect deciding future rate rises also sparked debate. Fed minutes suggest increasing tensions on inflation shortfall 2017-07-05T04:00:00Z The amount of assets on the Fed's balance sheet more than quadrupled to $4.5 trillion since 2008 as the central bank bought Treasury bonds and mortgage-backed securities to try to stimulate the economy. Some Fed officials want to start reducing assets "within a couple of months," minutes show 2017-07-05T04:00:00Z The refinancing loan with Deutsche Bank is mentioned in documents filed with the Securities and Exchange Commission as part of a public offering of mortgage-backed securities. Kushner firm’s $285 million Deutsche Bank loan came just before Election Day 2017-06-25T04:00:00Z The Fed amassed more than $4 trillion in Treasuries and mortgage-backed securities. Trump Said to Pick Nominees for 2 Positions on Fed Board 2017-06-02T04:00:00Z The minutes also contained details of how the Fed might reduce the massive $4.5 trillion balance sheet it accumulated by purchasing Treasury and mortgage-backed securities during the recession. Federal bank maintains rate hike amid economic slowdown, rise in inflation 2017-05-24T04:00:00Z The Fed holds more than $4 trillion in Treasuries and mortgage-backed securities that it accumulated to put additional downward pressure on borrowing costs for businesses and consumers. Fed Sounded Note of Caution at Last Meeting on Raising Interest Rates 2017-05-24T04:00:00Z The bank is also yet to settle with the US Department of Justice over claims it mis-sold toxic residential mortgage-backed securities. Ex-RBS boss Fred Goodwin to face investors in court - BBC News 2017-05-21T04:00:00Z An appraisal cited in SEC filings for the package of mortgage-backed securities placed the value at $470 million, a 59 percent increase in a year. Kushner firm’s $285 million Deutsche Bank loan came just before Election Day 2017-06-25T04:00:00Z Credit Suisse paid $400 million to settle a U.S. regulator’s claims that the bank’s improper sales of mortgage-backed securities contributed to the collapse of three corporate credit unions, the agency said Wednesday. House panel approves GOP bill to overhaul Dodd-Frank law 2017-05-04T04:00:00Z Fed officials also were discussing the details and timing of ending a related stimulus program, the Fed’s vast investments in Treasuries and mortgage-backed securities. Fed Holds Interest Rates Steady and Says Slow Growth Was Likely to Be ‘Transitory’ 2017-05-03T04:00:00Z UBS paid $445 million to settle National Credit Union Administration claims that the bank contributed to the collapse of corporate credit unions by selling them faulty mortgage-backed securities, the regulator said in a statement Monday. SpaceX launches spy satellite for U.S. government 2017-05-01T04:00:00Z Murray claimed UBS officials pressured him to issue skewed, bullish research on commercial mortgage-backed securities in order to support the Swiss bank's trading and underwriting operations. UBS must face ex-bond strategist's whistleblower lawsuit 2017-04-26T04:00:00Z Those had generally gone hog wild in the manufacture and sale of squirrelly mortgage-backed securities, billions of dollars of which they allowed to build up on their balance sheets. Bring Back Glass-Steagall? Goldman Sachs Would Love That 2017-04-21T04:00:00Z “What is happening in this space today reminds me of what happened in mortgage-backed securities in the run-up to the crisis,” Thomas Curry, the nation’s top bank regulator, said in an October 2015 speech. As auto sales cool, there are great deals to be had — and worries of a lending bubble 2017-04-21T04:00:00Z Those issues include a potentially huge fine by the US Department of Justice, which is pursuing the bank over the sale of mortgage-backed securities before the financial crisis. RBS stake may be sold at a loss, chancellor admits - BBC News 2017-04-18T04:00:00Z The Fed expects to buy $18 billion of agency mortgage-backed securities in the month ending next Wednesday. Why the Refinancing Slowdown Matters for the Fed 2017-04-05T04:00:00Z In January, Credit Suisse formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis. U.S. regulator fines Credit Suisse unit, adviser over improper investments 2017-04-05T04:00:00Z Some of those settlements resolved probes of international banks for their handling of residential mortgage-backed securities that contributed to the financial collapse of 2008. White House adviser’s spouse headed for senior Justice Department post 2017-03-17T04:00:00Z The sale of residential mortgage-backed securities played a significant role in triggering the 2008 financial crisis. Deutsche Bank to raise billions with rights issue - BBC News 2017-03-05T05:00:00Z Department of Justice on civil charges of fraud in the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis. Barclays reports surprise capital boost as legal costs loom 2017-02-23T05:00:00Z The Justice Department sued Barclays in December after the two sides failed to reach a settlement over the bank’s sales of residential mortgage-backed securities despite months of talks. E.U. Revisits Greek Crisis, and the Fed Releases Meeting Details 2017-02-19T05:00:00Z Justice Department, finalized last month, over claims the bank misled investors about the quality of mortgage-backed securities that it sold before the 2008 financial crisis. Credit Suisse narrows 4Q loss ahead of US settlement 2017-02-13T05:00:00Z The Fed's $1.76 trillion mortgage-backed securities holdings account for about a quarter of that market, compared to the Fed's 12 percent share of the Treasury market. Fed's message on portfolio trimming: prepare, don't fret 2017-02-01T05:00:00Z The new provisions were related to the sale of residential mortgage-backed securities. R.B.S. Adds $3.8 Billion to Mortgage Inquiry Provisions as Rivals Settle 2017-01-26T05:00:00Z Justice Department regarding its investigation into residential mortgage-backed securities and “substantial” additional provisions are possible. Royal Bank of Scotland sets aside $3.8 billion for fines 2017-01-26T05:00:00Z The total is the largest amount ever paid to resolve charges against a single entity for misleading investors in residential mortgage-backed securities, the department said in a statement. Deutsche Bank and Justice Dept. Complete Deal on Mortgage Crisis 2017-01-17T05:00:00Z The government’s lawsuit accuses Barclays of defrauding investors who bought its mortgage-backed securities in the years leading up to the financial crisis. Barack’s Last Bank Bash 2016-12-26T05:00:00Z A smaller player in the mortgage-backed securities market, the British bank Barclays, appears to be willing to take its chances under the administration of Donald J. Trump. Last Hurrah for Obama’s Justice Department: Bank Settlements Over Toxic Mortgages 2016-12-23T05:00:00Z The two settlements announced Friday will involve multibillion-dollar payments from Deutsche Bank and Credit Suisse for the sale of what authorities said were toxic mortgage-backed securities just before the housing bust and Great Recession. For Trump, U.S. settlement of bank fraud claims removes one potential conflict of interest 2016-12-23T05:00:00Z Justice Department to end civil claims over its dealings in mortgage-backed securities. Deutsche Bank to pay $7.2 billion in bond settlement 2016-12-22T05:00:00Z Authorities have already extracted more than $46 billion in fines from six U.S. financial institutions over their dealings in mortgage-backed securities. Deutsche Bank to settle U.S. mortgage probe for $7.2 billion 2016-12-22T05:00:00Z According to Justice, IndyMac is now a victim not because it bought mortgage-backed securities from Barclays, but because it sold to Barclays lots of risky loans that were bundled into securities. Barack’s Last Bank Bash 2016-12-26T05:00:00Z The DoJ on Thursday sued Barclays on charges of fraud in the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis. Deutsche Bank reaches $7.2bn settlement with US in mortgages case 2016-12-22T05:00:00Z The bank also faces several separate civil lawsuits over the sale of mortgage-backed securities. Justice Department Sues Barclays Over Mortgage-Backed Securities 2016-12-22T05:00:00Z Department of Justice for allegedly misleading investors when selling mortgage-backed securities, one person with direct knowledge of the matter said on Monday. Deutsche Bank could settle U.S. penalty this week: source 2016-12-19T05:00:00Z Wells Fargo & Co. and Moody’s Corp. have disclosed U.S. investigations into their mortgage-backed securities dealings and have said they’re cooperating. Deutsche Bank to settle U.S. mortgage probe for $7.2 billion 2016-12-22T05:00:00Z David Demos, 35, was charged with securities fraud in an indictment filed in federal court in New Haven, Connecticut, becoming the latest trader to face charges for cheating customers on prices of mortgage-backed securities. Ex-Cantor Fitzgerald Mortgage Bond Trader Indicted in U.S. for Fraud 2016-12-09T05:00:00Z JPMorgan Chase also paid $13 billion to settle with the Justice Department in a case involving the sale of risky mortgage-backed securities before the financial crisis. CEOs turn to a top Wall Street banker, JP Morgan’s Jamie Dimon, to lead outreach to Trump administration 2016-12-07T05:00:00Z With the Justice Department seeking a $14 billion settlement from the bank for its handling of mortgage-backed securities in the 2008 financial crisis, some in Germany hope a new administration will ease up on business. ‘Trump Effect’ Is Already Shaping Events Around the World 2016-11-28T05:00:00Z For holders of mortgage-backed securities, though, this is positive. Rising Mortgage Rates Help, but Also Hurt, Banks 2016-11-27T05:00:00Z A decade ago, the term “mortgage-backed securities” probably sounded to most people like made-up business-school nonsense. If Oil Refiners Crash, So Will the Economy 2016-11-22T05:00:00Z The case marked the latest action by federal prosecutors in Connecticut against traders accused of cheating customers on prices of mortgage-backed securities. Ex-Cantor Fitzgerald Mortgage Bond Trader Indicted in U.S. for Fraud 2016-12-09T05:00:00Z Securities and Exchange Commission on Monday took a former Standard & Poor's executive to trial over claims that she engaged in a fraud that inflated ratings of commercial mortgage-backed securities. Ex-S&P executive goes on trial before SEC over mortgage bond ratings 2016-11-21T05:00:00Z In The Big Short, Eisman’s staff head to Florida to speak to the owners of newly built homes bundled up in “mortgage-backed securities” rated as AAA by the investment banks. The Big Short: is the next financial crisis on its way? 2016-11-19T05:00:00Z Department of Justice has demanded it pay up to $14 billion to settle claims it misled investors when selling mortgage-backed securities in the United States before the crisis. Deutsche Bank looking to cut back U.S. mortgage securitization: sources 2016-11-18T05:00:00Z That may be one reason there were few prosecutions of individuals involved in the packaging and sales of residential mortgage-backed securities even though big banks paid billions of dollars in penalties for violations. How Trump’s Presidency Will Change the Justice Dept. and S.E.C. 2016-11-09T05:00:00Z Prosecutors said Demos, a trader and managing director at Cantor Fitzgerald from November 2011 to February 2013, defrauded customers by fraudulently inflating the price at which the company could buy residential mortgage-backed securities. Ex-Cantor Fitzgerald Mortgage Bond Trader Indicted in U.S. for Fraud 2016-12-09T05:00:00Z Among big U.S. lenders, Bank of America’s balance sheet is most geared to benefit from rising rates, thanks to a large, low-cost deposit base and big holdings of mortgage-backed securities. Bank Stocks Still Have Lots of Room to Run 2016-11-04T04:00:00Z Department of Justice to substantially reduce an initial demand for $14 billion in penalties over the alleged misselling of mortgage-backed securities. Deutsche Bank stake in China's Harvest offers some comfort in troubled times 2016-11-04T04:00:00Z It had a 6.4 percent share of the U.S. residential mortgage-backed securities market before the crash, according to rating agency Moody's. Deutsche Bank looking to cut back U.S. mortgage securitization: sources 2016-11-18T05:00:00Z The bank is negotiating a settlement with the United States Justice Department in a case involving its underwriting of residential mortgage-backed securities. Final Fed Meeting and Final Jobs Report Before Election Day 2016-10-30T04:00:00Z It revealed last month that the Justice Department was seeking as much as $14 billion to resolve an investigation into the lender’s underwriting of residential mortgage-backed securities. Deutsche Bank Returns to Profit, Even as Regulatory Pressures Continue 2016-10-27T04:00:00Z The surge in flows echoes a wave of investment in the years right before the financial crisis, when mostly European investors snapped up billions of dollars of mortgage-backed securities before the American housing market imploded. As Europe and Asia Hoard Cash, Economists See Echoes of Crisis 2016-10-24T04:00:00Z Investors are expected to keep a close eye on Deutsche Bank and any update on its negotiations with the Justice Department over investigation of its underwriting of residential mortgage-backed securities. Apple and Tesla to Report Earnings 2016-10-23T04:00:00Z Yet when the Fed buys assets—such as government debt or mortgage-backed securities—it only records a short-term liability on the balance sheet. The Fed, Not the Market, Is Stifling Growth 2016-10-23T04:00:00Z Justice Department that it pay $14 billion over the sale of toxic mortgage-backed securities. U.S. judge picks monitor for Deutsche Bank over regulator's choice 2016-10-20T04:00:00Z Citibank and Deutsche Bank had similar market shares in the mortgage-backed securities market, while Morgan Stanley’s was nearly twice as large. Deutsche Bank as Next Lehman Brothers: Far-Fetched but Not Unthinkable 2016-10-06T04:00:00Z This month, the bank disclosed that the Justice Department was seeking $14 billion in penalties as part of an investigation of the bank’s underwriting of residential mortgage-backed securities before the financial crisis. Deutsche Bank, Facing Challenges, Says It Will Sell Abbey Life 2016-09-28T04:00:00Z The Justice Department wants the bank to pay $14 billion to end an investigation into its sale of residential mortgage-backed securities. Wall St. Closes Lower, Weighed Down by Banks and Health Care 2016-09-26T04:00:00Z The public’s grasp of the 2008 financial crisis was obscured by sophisticated financial instruments, from collateralized debt obligations to mortgage-backed securities. The new CEO for Wells Fargo faces his biggest challenge yet 2016-10-13T04:00:00Z Mr Cryan was attending the International Monetary Fund and World Bank's autumn meetings in Washington, raising hopes he might negotiate down a settlement for the bank's mis-selling of mortgage-backed securities. Deutsche Bank shares fall on deal delay - BBC News 2016-10-10T04:00:00Z Department of Justice demanded up to $14 billion to settle claims that the bank missold U.S. mortgage-backed securities before the financial crisis. Exclusive: Qatar won't sell Deutsche Bank shares, might buy more - sources 2016-10-07T04:00:00Z Worries over a potentially large penalty from the United States Department of Justice, over the selling of residential mortgage-backed securities, sent the lender’s stock to a multidecade low this week. Deutsche Bank, Facing Challenges, Says It Will Sell Abbey Life 2016-09-28T04:00:00Z Department of Justice on a probe tied to residential mortgage-backed securities, Bloomberg said. Deutsche Bank in informal talks about raising capital: Bloomberg 2016-10-06T04:00:00Z Department of Justice late last month demanded $14 billion in fines over its sales of faulty mortgage-backed securities in the run-up to the 2007-2009 financial crisis. IMF, global finance leaders fret over populist backlash 2016-10-06T04:00:00Z Department of Justice charges over Deutsche Bank's sales of mortgage-backed securities leading up to the 2007-2009 financial crisis would be welcome because it would provide some certainty over the impact on the bank's balance sheet. Deutsche Bank, others must reexamine business models: IMF chief 2016-10-06T04:00:00Z Department of Justice last month demanded up to $14 billion to settle claims that Deutsche missold U.S. mortgage-backed securities before the financial crisis - an amount viewed as a major drain on its capital. Deutsche Bank needs to show its business model viable: IMF official 2016-10-05T04:00:00Z The German lender is throwing its energies into reaching a settlement before next month's U.S. presidential election, with the Department of Justice demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. Deutsche Bank shares recover after drawing support from clients, rivals 2016-10-04T04:00:00Z Department of Justice demanded last month that it pay up to $14 billion to settle claims it mis-sold U.S. mortgage-backed securities before the financial crisis. Conservative lawmakers slam German economy minister over Deutsche remarks 2016-10-04T04:00:00Z Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. RBS to pay $1.1 billion to resolve U.S. regulator's mortgage cases 2016-09-27T04:00:00Z Focus said the German government also would not help Deutsche by intervening with United States officials who want it to pay $14 billion to end an investigation into its sale of mortgage-backed securities. Wall St. Edges Up as Oil Prices Slump 2016-09-27T04:00:00Z But she refused to say if she'd consider stepping in over the U.S. government's demand for a settlement in its investigation of the bank's sales of mortgage-backed securities. Deutsche Bank drops further as Merkel gives no sign of help 2016-09-27T04:00:00Z But she refused to say if she’d consider stepping in over the U.S. government’s demand for a settlement in its investigation of the bank’s sales of mortgage-backed securities. Deutsche Bank drops further as Merkel gives no sign of help 2016-09-27T04:00:00Z Focus said the German government also won't help the Deutsche Bank by intervening with U.S. officials who want it to pay $14 billion to end an investigation into its sale of mortgage-backed securities. Asian stocks mixed as traders follow US presidential debate 2016-09-27T04:00:00Z Focus said the German government also won’t help the Deutsche Bank by intervening with U.S. officials who want it to pay $14 billion to end an investigation into its sale of mortgage-backed securities. Asian stocks mixed as traders follow US presidential debate 2016-09-26T04:00:00Z A report said Germany won’t intervene with U.S. officials who want the bank to pay $14 billion to end an investigation into its sale of mortgage-backed securities. Deutsche Bank, Pfizer slide; Transocean and Chemtura climb 2016-09-26T04:00:00Z The bank said it did not need the German government's help with a $14-billion U.S. demand to settle claims it missold mortgage-backed securities. Wall Street falls as investors brace for presidential debate 2016-09-26T04:00:00Z Other financial services companies and insurers, like the American International Group, made risky bets on mortgage-backed securities and suffered huge losses during the recession. Jay Fishman, Who Led Travelers Safely Through the Financial Crisis, Dies at 63 2016-08-25T04:00:00Z The Fed’s expansion featured a dramatic rise in excess reserves, used to fund increased holdings of Treasury bonds and mortgage-backed securities. The Reasons Behind the Obama Non-Recovery 2016-09-20T04:00:00Z Under the published plan, the Fed would reduce its holdings of long-term Treasurys and mortgage-backed securities by not replacing them when they mature. The Federal Reserve confronts a possibility it never expected: No exit. 2016-09-19T04:00:00Z Department of Justice over mortgage-backed securities, is planning to convert billions of dollars of corporate loans into marketable securities, according to a person close to the matter. Deutsche Bank to securitize billions worth corporate loans: source 2016-09-19T04:00:00Z If, after a Brobdingnagian fine for mortgage-backed securities, Deutsche Bank also faces a huge settlement for mirror trades, the bank may need to recapitalize with German government money. Deutsche Bank’s Real-Time Stress Test 2016-09-16T04:00:00Z Department of Justice over its handing of mortgage-backed securities. Oracle, Novovax fall; Intel and Avis gain 2016-09-16T04:00:00Z Deutsche Bank AG says it does not intend to pay $14 billion to settle civil claims with the U.S. government for its handling of residential mortgage-backed securities and related transactions. 10 Things to Know for Today 2016-09-16T04:00:00Z RBS is currently being investigated by the DoJ over its mortgage-backed securities business - the same area that got Deutsche into such trouble.... Deutsche Bank shares plunge 8% as $14bn fine rattles markets – business live 2016-09-16T04:00:00Z The Justice Department is asking Deutsche Bank to pay $14 billion to settle an investigation into its selling of mortgage-backed securities, Germany’s flagship lender said Friday. Business roundup: Fiat Chrysler, Hyundai recalling vehicles over air-bag defect 2016-09-15T04:00:00Z Deutsche Bank must pay $14bn to settle a US investigation into its selling of mortgage-backed securities, Germany’s flagship lender has said. Deutsche Bank must pay $14bn fine to settle US mortgage case 2016-09-15T04:00:00Z The decision follows one of a handful of trials, which Castel heard without a jury, over whether investment banks misled investors about the quality of mortgage-backed securities, a main factor in the 2008 financial crisis. U.S. judge cuts back $2 billion mortgage bond case against UBS 2016-09-06T04:00:00Z There’s also the provision of taxpayer money for “administrative expenses” associated with government-guaranteed “mortgage-backed securities.” How to stop the government’s ‘unauthorized spending’ 2016-09-01T04:00:00Z The Fed also pumped trillions of dollars into the economy by purchasing long-term government bonds and mortgage-backed securities to reduce long-term interest rates, which remain near record-low levels. The Federal Reserve is debating how to fight the next recession 2016-08-29T04:00:00Z Securities purchases under its “quantitative easing” program included a large volume of mortgage-backed securities along with Treasury bonds. Have You Checked Your Risk Level Lately? 2016-08-26T04:00:00Z Deutsche Bank has not said what it has set aside in anticipation of a settlement over the sale and packaging of resident mortgage-backed securities before 2008. Deutsche Bank must pay $14bn fine to settle US mortgage case 2016-09-15T04:00:00Z Mr. Chin joined Goldman in 2003 as an analyst and rose to prominence at the firm as a trader of residential mortgage-backed securities by 2011. Former Goldman Sachs Trader Fined $400,000 and Barred for 2 Years 2016-08-16T04:00:00Z Among other, the lender wants to settle U.S. investigations into mis-selling of mortgage-backed securities in the run-up to the financial crisis, where Deutsche Bank Deutsche begun settlement talks with the U.S. Deutsche Bank hopes to settle largest litigation cases in 2016 2016-07-27T04:00:00Z This reduces the value of mortgage-backed securities because they are paid back early, forcing the bank to reinvest the cash at lower rates. Bank of America Is a Low-Rate Loser 2016-07-18T04:00:00Z Because the Fed’s portfolio is so huge, $4.4 trillion, its rollovers of maturing securities with new purchases help keep interest rates low on both Treasurys and mortgage-backed securities. Have You Checked Your Risk Level Lately? 2016-08-26T04:00:00Z The biggest of these is an allegation by America’s Department of Justice that Deutsche misrepresented the value of residential mortgage-backed securities before the crisis of 2008. In a rut 2016-07-14T04:00:00Z The former trader, Edwin Chin, was fired from Goldman in 2012, when he was running its residential mortgage-backed securities trading desk and was its most active trader in the securities. Former Goldman Sachs Trader Fined $400,000 and Barred for 2 Years 2016-08-16T04:00:00Z That will put pressure on banks that hold large portfolios of mortgage-backed securities, notably Bank of America. The Bright Spot in Bank Earnings 2016-07-12T04:00:00Z One major problem is Bank of America’s big portfolio of mortgage-backed securities. Bank of America Is a Low-Rate Loser 2016-07-18T04:00:00Z Providing further fuel for the stock boom are bond yields hovering around record lows, with money additionally pouring into assets like Treasuries and mortgage-backed securities. Dow, S&P Close at All-Time Highs as Oil Bounces Back 2016-07-12T04:00:00Z That is good news for consumers, though not so much for banks, especially those with large holdings of mortgage-backed securities. Brexit Provides Lucky Break for U.S. Homeowners 2016-07-07T04:00:00Z Worse, they carry unfortunate echoes of the 2007 ructions in funds invested in mortgage-backed securities. A Trigger to Revisit Bigger Global Worries 2016-07-06T04:00:00Z International and domestic investors alike drive mortgage interest rates through the mortgage-backed security market. How Brexit could push mortgage rates to historic lows 2016-06-24T04:00:00Z But many others funneled capital into America's mortgage-backed securities market. Brexit Could Drive Mortgages to 'Historic Lows' 2016-06-24T04:00:00Z Justice Department lawsuit for defrauding investors in mortgage-backed securities issued before the 2008 financial crisis, a person familiar with the matter said on Friday. Ex-Countrywide CEO Mozilo to not face U.S. fraud case: source 2016-06-17T04:00:00Z Among the biggest banks in the U.S., top holders of mortgage-backed securities include Bank of America BAC 0.70 % and Citizens Financial. Brexit Provides Lucky Break for U.S. Homeowners 2016-07-07T04:00:00Z The insurer, Ambac Assurance Corp., claims in a lawsuit that Countrywide illegally misrepresented its mortgage-backed securities. Court says Bank of America must disclose communications 2016-06-09T04:00:00Z The records point to breaches during a sensitive period for the Fed, which was ramping up aid for the struggling US economy by buying massive quantities of US government debt and mortgage-backed securities. Federal Reserve was hacked more than 50 times in the past five years 2016-06-01T04:00:00Z The records point to breaches during a sensitive period for the Fed, which was ramping up aid for the struggling U.S. economy by buying massive quantities of U.S. government debt and mortgage-backed securities. Fed records show dozens of cybersecurity breaches 2016-06-01T04:00:00Z |
| 随便看 |
英语例句辞典收录了117811条英语例句在线翻译词条，基本涵盖了全部常用单词及词组的例句翻译及用法，是英语学习的有利工具。