Dive into details of the 2003 Freddie Mac scandal, where earnings were misstated due to improper accounting tactics, illuminating major compliance and governance issues.
Explore how Freddie Mac supports the U.S. housing market by purchasing, guaranteeing, and securitizing home loans. Understand its role alongside Fannie Mae in the secondary mortgage market.
Explore the concept of To Be Announced (TBA) in mortgage-backed securities (MBS) trading, its importance in financial markets and how it impacts liquidity and risk management.