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Real Estate & Property Law

: Housing Wire

Fannie Securitizes to Boost Issuance, Liquidity

By DIANA GOLOBAY

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Government-sponsored entity Fannie Mae (FNM: 0.77 -1.28%) in Q109 began testing the process of securitizing its whole residential mortgage loan portfolio in an effort to boost liquidity at the company. The initiative also boosted agency mortgage-backed securities (MBS) issuance in the process. A Bank of America (BAC: 11.49 +2.13%) analyst noted a surprising spike in agency [...]

Full post as published by Housing Wire on May 20, 2009 (boomark / email).

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