2005 S&P ad - courtesy of The Big Picture
————
HERE WE GO AGIAN - John Meriwether’s Bond Fund Loses 24% on Credit-Market Plunge - Bloomberg
————
Fire Sale - As banks seize more properties, they’re starting to cut deals. - Forbes
————
The Fever Breaks - Liz Moyer - Days of gut-wrenching tension on Wall Street give way to hope that the worst of the credit crisis is over. - Forbes
————
When a Curve Steepener Loses $800 Million - Felix Salmon - portfolio.com
————
Lenderlab.com has loans!!! - wonder who is doing them? http://www.lenderlab.com/
I received this in my email - BC
100% LTV Purchase with 575 Credit Score
100% Less than 12 Mo. Refi, Appraised Value
100% Alt Doc, 620, Two Units
100% Non-Owner Occupant Co-Borrower
97% LTV Manufactured Housing
95% 560 Cash-Out, Use Highest Score
95% Rehab Loan, Value After Improvements
95% Fixed Income Stated
95% Stated, Gift Funds Allowed, No Form 4506
95% Pay Option Arms
90% Foreclosure Bail-Out Loan, 100k - 2 Mill
90% BK Buy-Out, Chapter 13
90% 50 Year Amortization, 580 Score
————
San Diego auction: 67 cents on the dollar - Good stuff from the bottom of a Wall Street Journal article about the crisis at Countrywide: At an auction of foreclosed homes in San Diego over the weekend, the average price paid was 67% of the previous price paid for the home. “At a similar auction in San Diego in May, the average was 73%,” The Journal reports.- LA Times Blogs
————
Report: Alt-A Delinquency Rate Nearing 18 Percent - … The swift deterioration in Alt-A mortgages is taking place despite a low level of adjustable-rate Alt-A mortgages actually hitting a reset in the current period. The graph below, from the Clayton report, provides a look at Alt-A reset volume by month — note that very few Alt-A borrowers are …Paul Jackson - housingwire
————
read this options strategy - cool strategy for bondholders - BSC: Why Paying $5 Per Share for Bear Stearns Might Make Sense - William trent - Stock Market Beat
————
Treasuries Safer Than Cash - Treasury yields are screaming lower. And although the stock market made a significant correction yesterday, the yield curve is still showing signs of extreme credit dislocations. Curve Watcher’s Anonymous is noting something unusual today. Let’s take a look. - globaleconomicanalysis
————
AMBAC FINANCIAL: CEO Asks Policyholders to Deal With Loss Issues - … Mr. Callen relates that (i) loss projections read and hear about are simply projections … issues in Ambac’s portfolio arise largely from four transactions, the “CDO-squareds,” that account for the vast majority of our potential losses. … - Troubled Company Reporter
————
Reverse Mortgage News Headlines - Several good articles to read at Reverse Mortgage Daily
————
Paul Krugman Wonders Whether He Is Dumb. I Say: “NO!!”- talks about t-bill rates much lower than fed funds, and the possibility that t-bill rates go negative - quite interesting - Brad DeLong’s Weblog Archive Page
————
One and Two Percent Days Becoming the Norm - A whopping 44 of the last 90 trading days have been moves of 1% (+/-) or more in the S&P 500. Fifteen of the last 90 trading days have been 2% days. Below we provide a historical rolling 90-day sum of 1% and 2% days in the index. - Bespoke Invesment Group
=======
IRA ARTMAN SECTION - 7 stories - thanks Ira
The Poster Child for Housing Excess: The City of Maricopa, AZ - Local Building Market Intelligence, March 2008
————
Forget the past and you make the same mistakes again - FT.com
————
Housing Doldrums - By O. Emre Ergungor - FRB Cleveland
————
What Is the Yield Curve Telling Us? - by Joseph G. Haubrich and Katie Corcoran - FRB Cleveland
————
Even if Mr. Bernanke pulls it off, however, this is no way to run an economy. - PAUL KRUGMAN - Risk Moment RES
————
(The value of ) Bernanke’s Own Home on Capitol Hill Shows Housing Boom and Bust - thanks Ira Artman - Bloomberg
————
Economic Environment for Housing Declines Again in February - thanks Ira Artman - Jim Haughey - Reed Construction Data
=======
posted by Bill Coppedge
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment