This content is from:xinyabo体育
Moving Back into the Mortgage Market
Hedge funds are pouring money into the now-hot asset class.
(Illustration by Luke Ramsey) Around March of last year, the Federal Reserve Bank of New York began selling off a portfolio of toxic mortgage bonds that it had acquired in its rescue of insurance giant American International Group in 2008. AIG had offered to buy back the portfolio, called Maiden
To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.