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No single mortgage has a major impact on the group.
Suspect units included a single mortgage desk that lost $9.6 billion.
In some cases, a single mortgage bond was referenced in dozens of synthetic securities.
The banks uncovered about 20 borrowers who never missed a single mortgage payment, but lost their homes nonetheless.
The S.E.C. filed its civil suit against Goldman in April, focusing on a single mortgage security called Abacus 2007-ACI.
In that case, the agency focused on a single mortgage security created in 2007, just as fissures spread through the housing market.
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The charges stemmed from his role in a single mortgage-related transaction in the run up to the financial crisis.
None of these smaller firms manufactured a single mortgage-backed security — and none has taken a penny of taxpayer money during this crisis.
Will getting some cash out of borrowers in the short term (by, say, extending the life of the loan to reduce the payments) prove a better deal for investors than immediate foreclosure?It is one thing to assess the effects of modifying terms on a single mortgage-backed security, which is likely to have one firm servicing it.
Pennsylvania Housing Finance Agency, $105.3 million of single family mortgage revenues.
New Mexico Mortgage Finance Authority, $59.9 million of single family mortgage program debt securities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com