Hints and tips:
...bank in 2006....
...Much as it was for residential mortgage bonds that fuelled the economic downturn, the next few years proved a reckoning for the loose underwriting and weak protections that had taken hold in the boom years...
...Another suit, filed by 22 large bond investors including BlackRock and MetLife, claimed Countrywide loans failed to meet underwriting guidelines....
...If you don’t have experienced staff . . . then really you need management grip — and by that I mean: why don’t we have managers on residential units who stay there and guide and coach staff and motivate...
...It’s even possible to imagine large swathes of America’s housing stock owned and professionally managed by listed companies or real estate investment trusts, allowing regular people to get exposure to residential...
...The existing alternative lending investment trusts — P2P Global Investments, VPC Specialty Lending, and Ranger Direct Lending — are all trading at premiums; the largest, P2P Global Investments, is currently...
...The popularity of such sites is mirrored in broadcasting and media. This week saw the launch of yet another property-related TV series, BBC2’s Under Offer: Estate Agents On the Job....
...He advised Punch Taverns on a series of whole-business securitisations, and recently advised on the first issuance of a residential mortgage-backed securities transaction involving five currencies, closing...
...GSAMP Trust is a Residential Mortgage Backed Security (RMBS) deal created in 2006 out of subprime fixed- and adjustable-rate mortgages, worth almost $1bn....
...When Rosenfeld became chief executive of Kraft in June 2006, she immediately began trying to boost the company’s sluggish growth with a series of disposals and acquisitions....
...its stock at allegedly inflated prices in late 2006 and the spring of 2007....
...Between 2006 and 2008, there was a net $1.2 trillion decline in securitized lending (outside of the GSEs) in these markets....
...outcomes in the event of market crises such as that in US residential mortgages and CDOs holding these mortgages....
...American and European market regulators seem happier to push for a much-reformed status quo. The agencies, meanwhile, need to start earning back trust....
...in 2006 have performed the worst, in part because of slippage in underwriting standards, reflected for example in high loan-to-value ratios and incomplete documentation....
...The Flow of Funds data imply that mortgage equity withdrawals between 1997 and 2006 totaled more than $9 trillion, an amount equal to more than 90 percent of disposable personal income in 2006....
...Paul, London Christian Stracke: By our calculations, the net asset value of a CPDO that launched at the roll of Series 7 CDX / Series 6 iTraxx in September 2006 (when the first deals were emerging) will...
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