Another sell was Federal Agricultural Mortgage, which provides agricultural real estate and rural housing mortgage loans and is also known as Farmer Mac.
Some of these debt instruments are: consumer loans, micro loans, factoring, direct real estate loans and mortgage backed securities.
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Another sell was Federal Agricultural Mortgage (nyse: AGM - news - people ), which provides agricultural real estate and rural housing mortgage loans and is also known as Farmer Mac.
This time around, it's going to focus on branches, though it will continue to originate prime mortgage loans and commercial real estate loans.
The bank attracts deposits and originates and purchases one to four family residential mortgage loans, commercial real estate loans and multi-family property loans.
Mortgage loans represent loans collateralized by one-to-four-family residential real estate.
Meanwhile, in an effort to deflate China's housing bubble, the government has placed restrictions on multiple real-estate purchases and recently began to require more equity for mortgage loans.
Wall Street has enthusiastically financed mortgage lenders over the latest real estate boom cycle, providing loans for companies such as New Century to fund new mortgages that the investment firms could buy up, package into bundles of securities and sell to yield-hungry investors.
If additional yuan loans were mortgage-based and tied to Chinese real estate development projects Africans could conceivably become first-time home owners in waves, while paying little interest.
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During the real estate boom Countrywide created hundreds of securitization trusts, selling certificates backed by residential mortgage loans.
They priced portfolios of mortgage-backed bonds, corporate loans and securities backed by commercial real estate, and provided more liquidity to debt markets.
For one, the U.S. housing bubble imploded after bulge bracket banks could no longer bare the losses associated with mortgage backed securities, and the ultra leverage used to buy sub prime real estate loans.
On the other side, home builders, real estate agents, appraisers, mortgage brokers, mortgage originators, Wall Street brokerages that securitized the loans and the hedge fund clients who bought them were all getting rich as a result of booming credit.
The credit boom was created by initially low adjustable rate mortgages, interest-only or negative amortization loans, and an appreciating real estate market that allowed homeowners to extract equity to help make mortgage payments.
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