Board-Ansicht
Mix-Ansicht- Wieso sind die Banken heute gestiegen (Versuch einer Erklärung ) mTuL - DT, 12.11.2007, 23:13
- Re: Wieso sind die Banken heute gestiegen (Versuch einer Erklärung ) mTuL - SUCRAM, 13.11.2007, 09:39
Wieso sind die Banken heute gestiegen (Versuch einer Erklärung ) mTuL
-->Ich dachte zuerst, es sei wegen der zu erwartenden kurzen Verschnaufpause aufgrund des Super-SIV.
Aber ich denke, in dieser Meldung könnte die wahre Geschichte versteckt liegen. Wie man die Amis und den korrupten Kongress kennt, wird das wahrscheinlich in die Tat umgesetzt werden. Kurz gesagt, werden die GSEs FNM und FRE wohl die Erlaubnis bekommen, sog. Jumbo Loans (das sind die, die über die 80% LTV drüber hinaus gehen, also die second loans, etc) in ihre Bücher zu nehmen. Derzeit liegt die Grenze bei 417 TUSD, was bei der Hauspreisinflation in Los Angeles zB kaum noch für eine Hütte reicht. Also wird die Grenze auf 1 MUSD hochgefahren:
http://online.wsj.com/article/SB119455499562686966.html?mod=hpp_us_whats_news
Idea of Jumbo-Loan Guarantee Is Floated
WASHINGTON -- Federal Reserve Chairman Ben Bernanke yesterday floated a new idea to fix the troubled market for mortgages too large for Fannie Mae and Freddie Mac to buy: Allow the companies to securitize jumbo-size mortgages but have the federal government guarantee them
Fannie and Freddie currently can buy mortgages only up to $417,000, and Congress -- so far -- hasn't acted to lift that limit despite distress in that market that has made jumbo mortgages at"somewhat tighter terms and higher prices," as Mr. Bernanke put it.
As an alternative to lifting that $417,000 cap, Mr. Bernanke offered a surprise answer to questions on Capitol Hill. He suggested that Congress could consider allowing the companies, known as"government sponsored enterprises," buy mortgages of as much as $1 million from lenders, pay the government a fee for guaranteeing them and then turn them into securities to be sold to investors.
"That would be, I think, of some assistance to the mortgage market," the Fed chairman said."From the federal government's point of view, it would be taking on some credit risk, which you may or may not be willing to do." He added,"It would be a good idea to make the GSEs ultimately responsible for some, any excess losses, or some part of excess losses, relative to the premiums that are paid."
Mr. Bernanke's idea is significant because it could potentially extend the government's support and exposure to the mortgage market.... For years, the Fed and the Bush Treasury have complained that investors believe the companies have an implicit government guarantee of their debt. Fannie Mae and Freddie Mac purchase loans on the secondary market and either package them into securities or hold them in their portfolios, which now total $1.4 trillion.
Damit würden dann via Staatsgarantie für FNM und FRE die Verluste endgültig sozialisiert und tatsächlich auf den Steuerzahler abgewälzt.
Gruß DT
Thread gesperrtgesamter Thread:
