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| Add On or Remodel Your Space |
| Like where you live, but need more space? Remodeling or adding on to your house might be your best bet. |
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| ASF Outlines Fannie, Freddie Mortgage Securities Merger |
| By Jon Prior |
The American Securitization Forum has detailed possible ways regulators could merge mortgage-backed securities offered by Fannie Mae and Freddie Mac in order to close the pricing gap between the two. The market discounts Freddie securities on the belief these bonds prepay faster because of differences in underwriting and other guidelines. The government-sponsored enterprises always held smaller market share compared to its twin Fannie, but the spread between the two widened sharply since the fall of 2011. Freddie Mac 4.5 bonds traded 48 cents cheaper ...
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(MCT)—While most travelers know to visit the Musee d’Orsay while in Paris or the Guggenheim Museum when in New York City, there are hundreds of buildings that get overlooked, either because of their location or simply the number of sites in the city deemed worth seeing.
