issuers

Many of the products funded by private-label issuers had features that attracted low-income borrowers, which threatened Fannie Mae's ability to meet its mandated housing goals, Levin said.

DailyFinance Sara Hansard 2010

To this must be added $134 billion of subprime and Alt-A loans that Freddie purchased from private label issuers,19 for a grand total of $392 billion--20 percent of Freddie's single-family portfolio of $1.8 trillion.

The Full Feed from HuffingtonPost.com David Fiderer 2010

As a result, many more marginally qualified or unqualified applicants for mortgages were accepted, and these loans joined the flood of junk loans that flowed to both the GSEs and the private-label issuers beginning in late 2004.

Seeker Blog 2009

Prior to that, private-label issuers-investment and commercial banks for the most part-specialized in subprime and Alt-A loans because the financial advantages of the GSEs, including their access to cheaper financing, enabled them to exclude private-label competition from the conventional market.

Seeker Blog 2009

When the GSEs decided to ramp up their purchases of subprime and Alt-A loans, they began to take market share from the private-label issuers but also created greater demand for subprime and Alt-A loans from the mortgage brokers, mortgage bankers, and other members of the originator community.

Seeker Blog 2009

Second, the increased demand from the GSEs and the competition with private-label issuers drove up the value of subprime and Alt-A mortgages, reducing the risk premium that had previously suppressed originations.

Seeker Blog 2009

In a very real sense, then, competition from Fannie and Freddie beginning in late 2004 caused both groups to scrape the bottom of the barrel-Fannie and Freddie in order to demonstrate to Congress their ability to increase support for affordable housing, and the private-label issuers trying to maintain their market share against the GSEs 'increased demand for subprime and Alt-A products.

Seeker Blog 2009

The GSEs 'regulation-induced competition with private-label issuers almost certainly had the same effect on the quality of the mortgages the private-label issuers were securitizing.

Seeker Blog 2009

"These trends and our decision not to participate in large amounts of these non-traditional mortgages contributed to a significant loss in our share of new single-family mortgage-related securities issuances to private-label issuers during this period."

Media Matters for America - Limbaugh Wire 2008

"These trends and our decision not to participate in large amounts of these non-traditional mortgages contributed to a significant loss in our share of new single-family mortgage-related securities issuances to private-label issuers during this period."

Media Matters for America - Limbaugh Wire 2008