Buying Mortgage Backed Securities

Hamlet · 03-17-2008, 04:32 PM

Are there funds or ETFs that buy MBS without any leverage?

clifp · 03-17-2008, 05:07 PM

Quote:

Originally Posted by Hamlet

Are there funds or ETFs that buy MBS without any leverage?

There are lots of mortgage backed fund that invest in Freddie Mae/Fannie Mae mortgages including Vanguards, but if you mean the lower quality dodge debt type of mortgages I am not aware of any.

brewer12345 · 03-26-2008, 11:56 AM

Easy way that I use is MBB. It is an ETF that holds Fannie, Freddie and Ginnie paper exclusively.

rachael24 · 04-02-2008, 01:56 PM

I use MBB also...I never had any complaints.

clifp · 04-02-2008, 09:57 PM

The Vanguard GNMA fund VFIJX has a excellent long term track record and ER of .1% (admiral class) vs .25% for MBB.

03-17-2008, 04:32 PM	#1
Hamlet Recycles dryer sheets Join Date: Aug 2006 Posts: 317	Buying Mortgage Backed Securities Are there funds or ETFs that buy MBS without any leverage?

03-26-2008, 11:56 AM	#3
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,157	Easy way that I use is MBB. It is an ETF that holds Fannie, Freddie and Ginnie paper exclusively. __________________ "When caught between two evils I generally pick the one I haven't tried before." - Mae West "If dogs weren't meant to eat dental floss out of the garbage, why do they make it mint-flavored?"

04-02-2008, 01:56 PM	#4
rachael24 Dryer sheet aficionado Join Date: Mar 2008 Location: Binghamton, NY Posts: 47	I use MBB also...I never had any complaints. __________________ Recent college graduate searching for business opportunities.

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04-02-2008, 09:57 PM	#5
clifp Thinks s/he gets paid by the post Join Date: Oct 2006 Posts: 1,994	The Vanguard GNMA fund VFIJX has a excellent long term track record and ER of .1% (admiral class) vs .25% for MBB.

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