Buying Mortgage Backed Securities

Hamlet · 03-17-2008, 05:32 PM

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

clifp · 03-17-2008, 06:07 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, 12:56 PM

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

rachael24 · 04-02-2008, 02:56 PM

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

clifp · 04-02-2008, 10:57 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, 05:32 PM	#1
Hamlet Recycles dryer sheets Join Date: Aug 2006 Posts: 332	Buying Mortgage Backed Securities Are there funds or ETFs that buy MBS without any leverage?

03-26-2008, 12:56 PM	#3
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,255	Easy way that I use is MBB. It is an ETF that holds Fannie, Freddie and Ginnie paper exclusively. __________________ “When you realize that you are one of the rare few who observe moral principles in their relationships with others, there is a temptation to sink into amorality, not out of conviction or pleasure but simply to avoid further pain, because there is no greater suffering than being an angel in hell, whereas a devil feels at home wherever he goes.” – Martin Page, How I Became Stupid

04-02-2008, 02:56 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, 10:57 PM	#5
clifp Thinks s/he gets paid by the post Join Date: Oct 2006 Posts: 2,177	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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