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Mortgage-backed securities (MBS)

Fed's Kroszner on restoring confidence in MBS

Comprehensive and standardised loan-level data covering the entire pool of loans backing mortgage-backed securities (MBS) was needed so that the underlying credit quality could be analysed more easily, said Randall Kroszner, the governor of the Federal…

NY Fed extends triparty collateral for repos

The Federal Reserve on Jan. 31, 2001, extended for another year the use of agency debt and mortgage-backed securities as collateral, along with U.S. Treasuries, for repurchase agreements in daily open market operations. The Fed's policy-setting arm…

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