During the housing boom of the mid-2000s, lenders lowered their standards and offered home loans to borrowers with poor credit

During the housing boom of the mid-2000s, lenders lowered their standards and offered home loans to borrowers with poor credit Mortgage-Backed Securities After purchasing mortgages on the secondary market, Fannie Mae pools them to form mortgage-backed securities (MBS). MBS are asset-backed securities secured by a mortgage or pool of mortgages. Fannie Mae’s mortgage-backed securities are …

During the housing boom of the mid-2000s, lenders lowered their standards and offered home loans to borrowers with poor credit Read More »