A hot, steaming cup of stock talk.
Read more »Dear Third Point People
Created by 2points
3 hours 12 sec ago – Made popular 1 hour 31 sec ago
Category: Mortgage Crisis Tags:
Category: Mortgage Crisis Tags:
Fitch Takes Action on Older Subprime Mortgage Securitizations
http://ml-implode.com –
"Fitch Ratings took action on thousands of classes of subprime residential mortgage-backed securities (RMBS) issued prior to 2005, including many downgrades of some classes further into triple-C and single-D junk territory and affirmations of other triple-A classes."
Read more »United Western Bancorp sells MBS for less than a penny on the dollar
http://ml-implode.com –
United Western receives $378,000 for $47.3 million of mortgage-backed securities, backed primarily by option ARM loans:
United Western Bancorp, Inc., a Denver-based holding company whose principal subsidiary, United Western Bank® (the “Bank”), is a community bank focused on expansion across Colorado’s Front Range market and selected mountain communities, today announced that the Bank sold mortgage-backed securities with an unpaid principal balance of $47.3 million of lower tranche mortgage backed securities secured primarily by “option-adjustable-rate” mortgage loans (the “Opti
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Created by brokerbanker
3 hours 26 sec ago – Made popular 1 hour 33 sec ago
Category: Mortgage Default Tags:
Category: Mortgage Default Tags:
These 5 Underdogs Are No Dogs
http://feeds.fool.com –
Like the smart hedge fund operators, these CAPS investors bet against a stock -- and won big!
Read more »Bloomberg Misses Real Story on Latest Official Chinese Comments on Dollar
http://ml-implode.com –
" Lordie, is the media incapable of doing anything more than writing up official remarks?"
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