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1
The lawsuit seeks to have Schwab buy
back
securities
from customers and pay restitution and civil penalties.
2
Since the crisis, the market for asset-
backed
securities
has still not recovered.
3
It focuses on cases involving asset-
backed
securities
,
derivatives and other complex products.
4
Mortgage-
backed
securities
and CDOs were at the heart of the financial crisis.
5
The mortgage-
backed
securities
sector has shown signs of life in recent months.
6
Mortgage
backed
securities
and CDOs were at the heart of the crisis.
7
The Company invests in agency residential mortgage-
backed
securities
on a leveraged basis.
8
Mortgage-
backed
securities
clung to earlier gains, with investors calling the plan modest.
9
But changes in bond yields hurt Bank of America's mortgage-
backed
securities
business.
10
And mortgage-
backed
securities
litigation has long since fallen out of the headlines.
11
Loan modifications mean less cash flow for those who own mortgage-
backed
securities
.
12
The CDOs were comprised of residential mortgage-
backed
securities
and credit default swaps.
13
It goes from cowrie shells to mortgage-
backed
securities
,
and everything in between.
14
The taper will be equally split between mortgage-
backed
securities
and Treasury bonds.
15
The attraction for investors is the same as with other asset-
backed
securities
.
16
A revived mortgage-
backed
securities
market would help to wean lenders off central banks.