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Fox News: Not All Mortgage Investments are Toxic, Fund Manager Says

Started by riky, March 17, 2009, 05:04:10 PM

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riky

Not All Mortgage Investments are Toxic, Fund Manager Says
     


While the idea of a fund investing completely in mortgage-backed securities might at its surface come across as less than attractive, Ginnie Mae mortgage securities are a type of mortgage-related investment with an explicit government guarantee making them as safe as the U.S. Treasuries, Ballantine said.<img src="You are not allowed to view links. Register or Login" height="1" width="1"/><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
     

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