Epstein Index›Documents›EFTA01457201
⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01457201: Yellen, MBS and Mohammed Bin Salman (DS10)

Financial RecordDate unavailableEFTA014572014 keyword hits
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A financial document discussing mortgage-backed securities (MBS), referencing a $5.4 trillion market and discussing prepayment relationships between Ginnie Mae and Fannie Mae MBS. The document mentions market supply dynamics and valuation adjustments.

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Excerpt 1
And for investors in MBS, that means supply generally running below the pace that built the $5.4 trillion market outstanding today.
Excerpt 2
That change reset fair value in Ginnie Mae MBS by scrambling the prepayment relationship to Fannie Mae.
Excerpt 3
The view in spread markets No material change in core positions, but the arc of MBS supply is worth some attention.

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