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Private Label MBS

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Sam Site Admin Joined: 21 May 2005 Posts: 813 Location: CALIFORNIA 347.04 Dollars($)	Posted: Sun Feb 06, 2005 8:30 pm    Post subject: Private Label MBS Like 0 Dislike 0 Private Label Securities are those mortgage backed securities MBS which do not conform to the loan limits set by the Government Sponsored Enterprises (GSEs) - Freddie Mac, Fannie Mae and Ginnie Mae. They are usually pools of jumbo loans. These MBS are issued by: Commercial Banks Private Investment banks Home builders Thrifts They were not guaranteed by the government agencies and so were laden with risks, but today the scenario has changed. They are given an 'A' credit rating from the rating agencies only after a few measures are taken to protect the investors from the losses. These include: Over-collateralization Letters of credit Guarantees Pool insurance Due to aggressive lending practices ,and the growth of the Alt A market and the sub-prime loans, the volume of private labels is increasing.
rick mcmahon Guest	Posted: Thu Dec 04, 2008 1:28 pm    Post subject: Like 0 Dislike 0 who are possible purchasers of mortgages
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Fri Dec 05, 2008 2:46 am    Post subject: Like 0 Dislike 0 Hi rick As far as I know, secondary mortgage lenders are known as purchasers of mortgages. In the secondary mortgage market, mortgage loans and servicing rights are bought and sold. The mortgage originators, aggregators and investors deal with this buying and selling of mortgages. The secondary mortgage market is known to be large and liquid. Thanks _________________ Good is the Enemy of Great.
alyssabaker Guest	Posted: Fri Feb 11, 2011 1:52 pm    Post subject: PLR Video Like 0 Dislike 0 Hi i want to know more about Private Label Securities?
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Sat Feb 12, 2011 12:07 am    Post subject: Like 0 Dislike 0 Check out Sam's post above to know about Private Label Securities.

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