The Federal Reserve Bank of New York has sold a significant portion of its Maiden Lane II portfolio to Goldman Sachs. The residential mortgage-backed securities were sold through a competitive process and had a current face value of $6.2 billion. 

Goldman beat out four other firms, Credit Suisse, Barclays Capital, Morgan Stanley and RBS Securities.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.