TITLE

Ginnie Issuing First Strip MBS

AUTHOR(S)
Shenn, Jody
PUB. DATE
July 2004
SOURCE
American Banker;7/30/2004, Vol. 169 Issue 146, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the Government National Mortgage Association is expected to issue its first "stripped" mortgage-backed securities. Details of the transaction underwritten by a syndicate of 14 Wall Street dealers led by Goldman Sachs Group Inc.; How the strips will be the first guaranteed by the government; Rate of the coupons on the interest-only bonds.
ACCESSION #
13993365

 

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