Securitization

This article on the continued troubles in credit markets was informative. But it raised a puzzle. Call me naive, but why does Fed policy seem to assum...

Knowing that the loans they made were about to be bundled, sliced up, and sold off made lenders more likely to relax their underwriting standards, acc...

Modern-day home mortgages have been so sliced and diced by rapacious financiers that some homeowners are successfully delaying -- or even blocking -- ...

Now it's time for the predatory lenders, brokers and foreclosure consultants to sweat. Here is the skinny on what to do and not do in your own mortgage war.

We can expect a new wave of mortgage-backed bond defaults to hit the headlines any day now.

Homeowners suffering from payment shock and foreclosure syndrome are not getting the psychological help they need to survive escalating vicious attacks by their lenders If payment shock and foreclosure syndrome is not treated as the national epidemic that it is, affecting over sixteen million homeowners, homeowner violence will increase, as will homeowner suicide. Toxic lenders and their cohorts, government cronies, co-conspirators and attorneys need to be punished -- in a court of law, not on the front lawn.

Dr. Krugman's analysis is wrong. Securitization has provided many benefits to the economy as a whole -- it is not the sole problem with the current situation.

The US financial system sold the world's investors mortgage securities that were founded on faulty assumptions that a) U.S. homeowners will never default, and b) that U.S. housing prices always go up.