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You searched for: label/principal-agent problem

Refinancing bad for business?

…The idea is that Freddie Went long on the interest payments on mortgages and not the principal repayments. This means the harder it is to refinance, the better for Freddie…

Freddie Mac Attack

…interesting article about ruthless greedy uh socialism I guess at public sector Freddie Mac. The idea is that Freddie Went long the interest payments on mortgages and not the principal

The Gift that Keeps on Giving

…a principal loss sustained by the class, which was detailed in the August 2010 remittance report…. The principal loss and corresponding credit support erosion resulted from the liquidation of an…