Curated Video
JP Morgan agrees $13 billion settlement with government - said to be biggest ever
JPMorgan Chase & Co. has agreed to pay 13 billion dollars in a landmark settlement after it acknowledged that it misled investors about the quality of risky mortgage-backed securities ahead of the 2008 financial crisis.
The...
Curated Video
Paulson presser on US financial rescue plan
Washington DC - 19 September, 2008
1. US Treasury Secretary Henry Paulson walking in
2. SOUNDBITE (English) Henry Paulson, US Treasury Secretary:
"To restore confidence in our markets and our financial institutions so they can fuel...
Bloomberg
Housing Crisis Unlikely as Long as Jobs Improve, Goldman's Swell Says
Jun.08 -- Mike Swell, co-head of global fixed income portfolio management at Goldman Sachs Asset Management, says the residential housing market will be 100% correlated to the jobs market and adds that he expects the commercial real...
Bloomberg
Deutsche Bank Plummets on $14 Billion DOJ Claim
Sept. 16 -- Deutsche Bank shares slumped after receiving a $14 billion claim from the U.S. Justice Department to settle a probe into the firm's sale of residential mortgage-backed securities. Bloomberg's Michael Moore reports on...
Bloomberg
Ferguson: European Banks Lack Strength to Pay U.S. Fines
Sept. 16 -- James Ferguson, founding partner at Macro Strategy Partnership, discusses the U.S. Justice Department seeking a $14 billion claim to settle a probe into the sale of residential mortgage-backed securities by Deutsche Bank. He...
Bloomberg
Brandywine Global Sees 'Significant Value' in Seasoned CMBS Market
Sep.17 -- Tracy Chen, portfolio manager and head of structured credit at Brandywine Global Investment Management, discusses Federal Reserve policy, the implications for financial markets, and her investment strategy for credit markets....
Bloomberg
Hedge Funds Can't Sue Over Fannie, Freddie Investments
Feb.21 -- A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and...
Bloomberg
Deutsche Bank Rebuffs DOJ on $14 Billion MBS Claim
Sept. 16 -- Deutsche Bank is hitting back on a $14 billion settlement claim by the U.S. Department of Justice tied to a probe of the firm's mortgage-backed securities sales. Bloomberg Intelligence's Elliot Stein and Katie Nixon, chief...
Bloomberg
Powell Says Fed 'Passively' Shrinking $8.4 Trillion Balance Sheet
Federal Reserve Chair Jerome Powell says the central bank in the process of "passively" shrinking it's $8.4 Trillion balance sheet, an operation that he expects to take a "couple of years" during a question-and-answer session with David...
Bloomberg
Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Jul.28 -- Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks...
Bloomberg
Fed Should Taper MBS Purchases Really Fast, Blinder Says
Jul.07 -- Former Federal Reserve Vice Chairman Alan Blinder, a Princeton University professor, says the Fed's mortgage-backed securities purchases don't make sense anymore. He speaks with Bloomberg's David Westin on "Balance of Power."
Khan Academy
Khan Academy: Mortgage Backed Securities: Mortgage Back Security Overview
Basics of how a mortgage back security works presented in this video lecture. [2:02]
Khan Academy
Khan Academy: Mortgage Backed Securities: Mortgage Backed Securities Ii
Understanding how hedge funds are structured and how the managers get paid in this video lecture. [6 m An introduction to mortgage-backed securities lecture. Lecture is the second part of the series and students will learn more about...
Khan Academy
Khan Academy: Mortgage Backed Securities: Mortgage Backed Securities I
Video lecture provides an introduction to mortgage-backed securities. [7:57]
Khan Academy
Khan Academy: Mortgage Backed Securities: Mortgage Backed Securities Iii
More on mortgage-backed securities presented by Sal Khan. [9:19]
Khan Academy
Khan Academy: Mortgage Backed Securities Ii
This video [9:36] is Part II of the introduction to mortgage-backed securities.
Khan Academy
Khan Academy: Mortgage Backed Securities I
This video [7:57] is Part I of the introduction to mortgage-backed securities.
Khan Academy
Khan Academy: Collateralized Debt Obligation (Cdo)
This video [9:44] is an introduction to collateralized debt obligations (to be listen to after series on mortgage-backed securities).