Entries from May 2009

Mercy Jiménez Presents: ‘HOW THE U.S. COMPARES IN COVERED BONDS’

May 22nd, 2009 · No Comments

  
By Covered Bond Investor™ Staff
Tucked away in Fitch Ratings’ recent “Comparative Study of Covered Bonds 2008/09,” which crunches numbers relating to the 105 covered bond programs that Fitch publicly rates, are some interesting facts about the U.S. in comparison to the rest of the world.
Example: Even though U.S. financial institutions have not issued any public [...]

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Tags: Mortgage Market

USA AAA Go Away? Special: Treasuries Are Toast, Bill Gross on Losing AAA, Geithner Will Cut Deficits (How?), Do Not Worry Says Felix

May 22nd, 2009 · No Comments

 

quote of the day  “When the government parks its tanks on capitalism’s lawns, that spells trouble for those who invest, add value and create jobs,” says Tim Price, director of investments at PFP Wealth Management in London. “Trillion-dollar bailouts do not only leave massive public-sector deficits in their wake, they also leave the presence [...]

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Tags: Mortgage Market

CSFB opines on MBS buying; Quiet & Many shops closing early ahead of the weekend

May 22nd, 2009 · No Comments

csfb-opines-on-mbs-buying-quiet-many-shops-closing-early-ahead-of-the-weekend

Let it happen or make it happen, it’s up to you! Or, with mortgage rates, it is up to the Fed. The Fed’s buying mortgage-backed securities has kept mortgage rates low, right? And one way to attract private investors to buy mortgage securities is to make the yield attractive, right? Well, Credit Suisse is of [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

The Garrett, Watts Report (May 22, 2009)

May 22nd, 2009 · No Comments

the-garrett-watts-report-may-22-2009

To Our Clients, Colleagues and Friends,

We’ve received a lot of mail lately regarding Angelo Mozilo, most of it negative. We’ve never met him, and yes, he may have been arrogant.  But let’s look at his career at Countrywide. For 39 years, no one did more to help America ’s homeowners, and no one built a [...]

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Tags: Commentary · Garrett Watts · Mortgage Market