Subprime mortgage crisis/Related Articles: Difference between revisions
Jump to navigation
Jump to search
imported>Nick Gardner |
imported>Nick Gardner |
||
| Line 23: | Line 23: | ||
{{r|Fannie Mae}} | {{r|Fannie Mae}} | ||
{{r|Freddie Mac}} | {{r|Freddie Mac}} | ||
{{r|Hedge fund}} | {{r|Hedge fund}} | ||
{{r|Savings and loans}} | {{r|Savings and loans}} | ||
Revision as of 10:20, 31 October 2008
Index
See the related articles subpage to the article on economics [1] for an index to topics referred to in the economics articles.]
Parent topics
Subtopics
Related topics
Glossary
- Fannie Mae [r]: (Federal National Mortgage Association) US government-sponsored enterprise created to provide financial support to Savings and Loans. Privatised in 1968. [e]
- Freddie Mac [r]: (Federal Home Loan Mortgage Corporation) Fannie Mae clone created to provide competition to Fannie Mae. [e]
- Hedge fund [r]: A limited-membership, aggressively-managed investment fund, often escaping regulation. [e]
- Savings and loans [r]: US mortgage-lenders. American counterpart to British building societies. [e]
- Securitisation [r]: The conversion of a cash flow into a marketable security (usually a claim upon debt repayments) and often categorised according to the expected risk of default (examples include collateralised debt obligations and structured investment vehicles.) [e]
- Structured investment vehicle [r]: (SIV) a fund that borrows money - usually at LIBOR rates - by the issue of asset backed commercial paper and uses it to finance longer term loans at higher interest rates. [e]
- Subprime lending [r]: Lending at interest rates above the prime rate because of an above-minimal risk of default. [e]