There are two primary forms of mortgage backed securities (MBS). Agency MBS are guaranteed by a government agency or government-sponsored enterprise such as Fannie Mae or Freddie Mac, while non-agency MBS are issued by banks and financial companies not associated with a government agency. These securities have no credit guarantee other than the quality of the loans behind them, and any other structural credit protection provided by the terms of the bond deal they belong to. The richest opportunities in the space are currently in the latter category, as much non-agency paper have lost their ratings and trade at steep discounts. The best way to access the investment is through mutual funds that specialize in the MBS market.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
ThinkAdvisor and the College for Financial Planning have partnered to bring you a series of helpful educational tools that you can use to take your career to the next level.
In this White Paper, we share five steps to help you build a risk management program that enables the benefits of text messaging while protecting...
Can refocusing your business model help recharge your business’s value?
Learn how to build a better business and create loyal clients and advocates from the start.
May 11, 2017
Mega trends continue to impact the wealth management industry. Trends such as new digital competition, increasing compliance standards, fee pressures, and an aging advisor population....
May 03, 2017
Join this complimentary webcast to understand how to better connect with consumers so you can develop high-value packages that work for both sponsors and beneficiaries...
Apr 12, 2017
Energize your firm’s productivity with technology by joining the experts at Envestnet as they share how to increase profitability and gain a competitive edge with...