Jun 9, 2003 20:53
21 yrs ago
English term

retained mortgage portfolio

English to German Bus/Financial
Parseghian, 42, has been Executive Vice President-Chief Investment Officer
for Freddie Mac since June 2002. In that position, he was responsible for the
firm's $600 billion retained mortgage portfolio, debt and mortgage-backed securities issuance programs and asset/liability risk management strategies.
Proposed translations (German)
3 +2 Hypothekenportfolio

Proposed translations

+2
13 mins
Selected

Hypothekenportfolio

"retained" refers to mortgage loans granted by Freddie Mac and held on its balance sheet (i.e. not sold down to other market participants). I don't think you'll lose anything by not literally translating it - it's pretty obvious that mortgages in FRE's portfolio are held on its BS.

(I take it you're translating the press release issued by Freddie Mac today...?)
Peer comment(s):

agree nettranslatorde : Ja, oder -bestand.
49 mins
agree Hans G. Liepert
3 hrs
Something went wrong...
3 KudoZ points awarded for this answer. Comment: "Thank you! Yes, that was the press release ... now available in German, courtesy of yours truly. :) http://www.prnewswire.co.uk/cgi/news/release?id=103599"
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