1 Articles match "Sales","UBS"

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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. As UBS analysts point out, because Fannies and Freddies subordinated debt is used when they calculate capital -- the financial cushion regulators require to support the companies operations -- interest payments on the debt may have to stop if a bailout occurs.
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Long-Term Solution for Fannie and Freddie Dilemma
    If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. As UBS analysts point out, because Fannies and Freddies subordinated debt is used when they calculate capital -- the financial cushion regulators require to support the companies operations -- interest payments on the debt may have to stop if a bailout occurs.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE