#mortgage-backed-securities-mbs

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#federal-reserve #quantitative-easing-qe #housing-market #lmr-partners #leveraged-trading #hedge-fund-losses
Real estate
fromFast Company
1 week ago

Powell: Fed 'should have' stopped buying mortgage-backed securities sooner as the Pandemic Housing Boom raged on

Federal Reserve acknowledges pandemic-era MBS purchases may have continued too long but likely had a smaller-than-assumed effect on housing market dynamics.
Business
fromBusiness Insider
2 weeks ago

A star trader is out at $12.8 billion LMR Partners after a mortgage-backed securities trade backfires

Highly leveraged residential-MBS trades at LMR Partners caused large losses that erased over $100 million of gains and led to departure of the portfolio manager.
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