The seminar provides an insight into the day-to-day workings of two of the largest US financial intermediaries in the asset backed security business, and the events leading up to their bailout by the US Government in 2008.

 

At the end of Intrinsic Value's training seminar on Fannie Mae and Freddie Mac the participant should be able to:

􀂅  Describe how the intervention  of  politicians,  and  the creativity of banks in

     selling   to   sub-prime  lenders,   overwhelmed   the   capabilities    of   both

     organizations,  and  derailed  what was  essentially  a  viable  and  valuable

     business model.

􀂅  Describe how the computer  models  were  ineffective  in  stress  testing the

     multiplicity  of  variable  repayment  and  interest  plans  initially sold to sub-

     prime lenders.

􀂅  Characterize the fundamentals of  disintermediation within the asset backed

     securities value-chain.

􀂅  Show how intricately linked the  originate-and-distribute model is to investor

     confidence, both locally and globally.