Mortgage Backed Securities Monetary Disaster

In the United States, the commonest securitization trusts are sponsored by Fannie Mae and Freddie Mac, US government-sponsored enterprises. Ginnie Mae, a US government-sponsored enterprise backed by the complete faith and credit of the US authorities, ensures that its investors receive well timed payments but buys limited numbers of mortgage notes. Some personal establishments additionally securitize mortgages, often identified as “private-label” mortgage securities.

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