Government Sponsored Enterprise

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Government Sponsored Enterprise

A privately held or publicly traded company created by the U.S. Government for some purpose thought to benefit the American economy. For example, Freddie Mac was originally a GSE created to encourage homeownership among middle class and working class Americans. Because it is "sponsored" but not owned by the government, GSE stocks carry higher risk than, say, Treasury securities, which are backed by the full faith and credit of the United States. However, GSEs have an implicit guarantee that the government will not allow them to fail. Indeed, when Fannie Mae and Freddie Mac collapsed in 2008 they almost instantly received federal assistance.
References in periodicals archive ?
Headquartered in Dallas, TX with an additional office in San Diego, CA, Dimont manages claims for many of the nation's highest volume mortgage servicers and Government Sponsored Entities (GSEs).
With CBRE's deep, well established relationships with the hotel industry's premier investors including banks, pension funds, life insurance and credit companies, conduits/CMBS entities, government sponsored entities and offshore investors, CBRE Hotels can offer unparalleled access to debt and equity sources for all types of hotel investment opportunities.
Ranieri Real Estate Partners is dedicated to serving as a valuable partner in all phases of real estate ownership, including distressed situations, and works with entities including owner/operators, financial institutions, Government Sponsored Entities and other Government Agencies.
NEW YORK -- The International Swaps and Derivatives Association (ISDA) has announced that, after consultation with industry participants, it will launch a protocol to facilitate settlement of credit derivative trades involving Fannie Mae and Freddie Mac, the US government sponsored entities that went into conservatorship of the US government, effective Sunday, September 7.
Founded in 1996, Dimont & Associates leads the industry in providing best-in-class mortgagee claims management services to servicers, investors and government sponsored entities (GSEs).
Capstead's core strategy is managing a leveraged portfolio of residential mortgage securities consisting primarily of ARM securities issued and guaranteed by government sponsored entities, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae, which are referred to collectively as Agency Securities.
federal agency and other government sponsored entities fixed income securities, investment grade U.
5 million face value of perpetual preferred stock issued by government sponsored entities, Fannie Mae ("FNMA") and Freddie Mac ("FHLMC").
What's exotic is the infusion of what I call "RAhD" (randomly activated hidden debt) by the industry and government sponsored entities (GSEs) such as Fannie Mae and Freddie Mac.
government, the sizable role that TVA plays in the Tennessee Valley and broader regional economies, and the level of its obligations that are held by domestic and other foreign based investors (similar to that of government sponsored entities (GSE)).
The Fourth Quarter results include an other-than-temporary impairment non-cash charge of $1,388,000 related to $5,665,000 face value of perpetual preferred stock issued by Federal National Mortgage Association ("FNMA") and Federal Home Loan Mortgage Corporation ("FHLMC"), both Government sponsored entities (GSE's).
Like other multifamily landlords, Archstone-Smith enjoys broad access to capital, driven by investor demand for multifamily assets, as well as access to, and the affordability of mortgage financing provided by government sponsored entities, and tax-exempt financing offered by municipalities.

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