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.
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 | Ralf Lemster |
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...?)
(I take it you're translating the press release issued by Freddie Mac today...?)
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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