Posts Tagged ‘mortgage derivatives’

Four Factors Favoring Fabulous Fab

Four Factors Favoring Fabulous Fab

By The Banker | Blog Posts, Wall Street

Below are my reactions to the US Securities and Exchange Commission fraud suit that began yesterday against “Fabulous Fab” Fabrice Tourre, a Vice President at Goldman Sachs for structured products. From what I gather in the press, the Feds are suing Fabulous Fab for the following reasons: He sent embarrassing emails to his girlfriend revealing […]

Mortgage Part VII - What about Mortgage Derivatives?

Mortgage Part VII – What about Mortgage Derivatives?

By The Banker | Blog Posts, Wall Street

Please see my earlier post, on the creation of a Mortgage bond which reviewed 3 parts of the mortgage bond market. “When Issued” forward-trading of mortgage origination supply The packaging of homeowner loans into plain vanilla mortgage bonds The role of mortgage servicers and mortgage insurers in the bond market This post will cover subsequent […]