Mortgage risk: A hot export
Article Abstract:
There is speculation that the home mortgage market in the United States could blow out. United States mortgage banks have been exporting risk of defaults to European and Asian investors. Federal Home Loan Mortgage Corp. and Federal National Mortgage Association's market share is down.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Fannie Mae board agrees to changes it long resisted: mortgage giant to revamp accounting, boost capital; executives remain in place
Article Abstract:
Fannie Mae has agreed to changes mandated by the Office of Federal Housing Enterprise Oversight. The federal government wants to slow the growth of the mortgage company and protect it from potential financial distress.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Mortgage hot potatoes: banks try to return high-risk loans to the originators
Article Abstract:
With increasing numbers of Americans having difficulty paying their mortgages, large banks are trying to get mortgage brokers to repurchase high-risk housing loans.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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