About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 73. Chapters: Fixed income analysis, Fixed income securities, Federal takeover of Fannie Mae and Freddie Mac, Collateralized debt obligation, Yield curve, Mortgage-backed security, Fixed income attribution, Asset-backed security, Collateralized mortgage obligation, Bond duration, Day count convention, Synthetic CDO, Bond valuation, Tranche, Bond market, Hull-White model, Bond convexity, Commercial mortgage-backed security, Vasicek model, List of CDO managers, Heath-Jarrow-Morton framework, Credit enhancement, Structured finance, Broker-dealer, Fisher equation, Bond Exchange of South Africa, Yield spread, Yield to maturity, Black-Derman-Toy model, Bankers' acceptance, Chen model, Cox-Ingersoll-Ross model, Option-adjusted spread, Dirty price, Bootstrapping, Credit-linked note, Interdealer Brokers in the Fixed Income Markets, Pari passu, Distressed securities, Basis point, Current yield, Unsecured debt, Embedded option, Asset-backed securities index, 30-day yield, Extendible bond, Pool factor, Exchangeable bond, Medium term note, Uridashi bonds, Date rolling, Mortgage yield, Ho-Lee model, Seniority, Clean price, Adjusted current yield, Residential mortgage-backed security, Bond convexity closed-form formula, Bond duration closed-form formula, Bond equivalent yield, Global bond, Nominal yield, A notes. Excerpt: The federal takeover of Fannie Mae and Freddie Mac refers to the placing into conservatorship of government sponsored enterprises Fannie Mae and Freddie Mac by the U.S. Treasury in September 2008. It was one financial event among many in the ongoing subprime mortgage crisis. On September 6, 2008, the director of the Federal Housing Finance Agency (FHFA), James B. Lockhart III, announced his decision to place two Government sponsored enterprises (GSEs), Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal...
