Wednesday, October 10, 2018 9:51:35 AM
Mortgage-backed securities
Mortgage-backed securities include:
Thanks, then I'll keep looking for my mistake, because the only thing I get to see is:
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US Government agency and corporation issued obligations or guaranteed certificates of participation in pools of residential mortgages.
US Government agency and corporation obligations and collateralized mortgage obligations issued by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (including real estate mortgage investment conduits - REMICS).
Other domestic debt private securities - (i.e., non-government issued or guaranteed) and certificates of participation in pools of residential mortgages.
Other domestic debt securities that are privately issued and collateralized mortgage obligations (including REMICS).
Effective March 1994, the full implementation of FASB 115 states that a portion of banks' mortgage-backed securities portfolio is now reported based upon fair (market) values; previously, all mortgage-backed securities not held in trading accounts were reported at either amortized cost or lower of cost or market.
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After that only white page
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