Bond Convexity From Mortgages (GoldSeek.com)
Use the above link to subscribe to the paid research reports, which include coverage of several smallcap companies positioned to rise like a cantilever during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces....more...Like dot com bubble caused the the tech sector collpase, the Private Equity and hedge Fund bubble will plummet the ... (India Daily)
The dot com bubble in late nineties finally blew up in the year 2000. The tech sector started retreating in March-April but the dot come frenzy continued till early 2001. I still remember how I sold a dot com for $28,000 that I registered in 1996 out of inquisitiveness for $70 a year....more... Free Times - Ohio's Premier News, Arts, & Entertainment Weekly (Cleveland Free Times)
Subprime Loans Can Expand The American Dream. And They Can Devastate Neighborhoods. By Charu Gupta. First In A Series Five years ago, Barbara Anderson didn't know what predatory lending was. As her elderly neighbors vanished from Slavic Village one by one, she chalked it up to hard luck....more... Encouraging Responsible Mortgage Lending: Prospective Rulemaking Initiatives (Federal Reserve Board)
I am pleased to be here today to chair the Federal Reserve Board's public hearing under the Home Ownership and Equity Protection Act (HOEPA). The hearing will focus specifically on how the Board might use its rulemaking authority under HOEPA to address concerns about abusive mortgage lending practices....more... COVER STORY (The Globe and Mail)
Gerry Schwartz, Bay Street's master of the leveraged buyout, got it wrong. A little more than two years ago, the Onex Corp. chairman stood in front of his shareholders and said he saw trouble on the horizon. Times were good. Banks were giving away loans easily....more... Find the Best Deal on Refinancing Your Home (Palladium Times)
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?...more... The Impact of Long Bonds on This Market (Seeking Alpha via Yahoo! Finance)
David Merkel submits: The move in the bond market yesterday was pretty violent. I briefly wondered how notable the move was relative to history, and I found that we have seen much worse moves in the past....more... Harry Gross | That adjustable rate is coming to haunt homeowner (Philadelphia Daily News)
Dear Harry: About 10 years ago, you cautioned us about buying a home that stretched our budget to the limit. On the advice of the mortgage "counselor" at our bank, we ignored you and went ahead with a mortgage that now has us in trouble....more... Housing Bubble and Real Estate Market Tracker (Seeking Alpha via Yahoo! Finance)
A roundup of articles and data about the housing market....more... |