Entries Tagged as 'Ira Artman'

Ira Artman’s Sterling Slivers: The Shape of Things To Come – The Future Of Securitization In The Age Of Frustration

June 5th, 2009 · 1 Comment

 
 

H.G. Wells’ Things To Come (Movie), 1936.

In the 21st century asset securitization undergoes a change of phase. It broadens out and unifies. It ceases to be a tangle and becomes plainly one story. There is a complete confluence of corporate destinies. A vision of previously unsuspected possibilities brings an immense readjustment of ideas.

After H.G. Wells, [...]

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Tags: Commentary · Ira Artman · Mortgage Market

Ira Artman’s Sterling Slivers: Agent Orange – Henry Flagler And The Creation of Florida

June 3rd, 2009 · 1 Comment

 
 
 

Both capitalism and Florida real estate (see my Spring Thawts) are out of favor. It’s time for a … fond tribute to both.

Before Anita Bryant cooed for all to “Come to the Florida Sunshine Tree,” before Walt Disney World gleamed in Mickey’s eyes, there was Henry Morrison Flagler.

He arrived in Florida from Cleveland, in 1876, [...]

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Tags: Commentary · Ira Artman · Mortgage Market

Ira Artman’s Sterling Slivers: Spring Thawts – CA & FL Housing Outlook

June 1st, 2009 · 1 Comment

 

The California and Florida housing markets are as different as black and white.

That’s the view of real estate consultant John Burns, who notes that California housing markets have “less than 10 months supply” of homes for sale, while Florida is “still hugely oversupplied, with most markets currently maintaining more than 16 months of supply.”

Despite the [...]

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Tags: Commentary · Ira Artman · Mortgage Market

Ira Artman’s Sterling Slivers: The Smoking Gun – Subprime Underwriting and Prepayment

May 24th, 2009 · 1 Comment

 
  

After Roy Lichtenstein, TIME June 21, 1968.

I wish I could take full credit for my heist of Lichtenstein’s TIME ™ cover – but I can’t.

Credit belongs to Geetesh Bhardwaj and Rajdeep Sengupta, co-authors of two disturbing St. Louis Fed working papers:

Where’s the Smoking Gun? A Study of Underwriting Standards for US Subprime Mortgages (WP 2008-36, [...]

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Tags: Commentary · Ira Artman · Mortgage Market