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Subprime: The Bad and the Ugly (But Don’t Forget the Good)
In a recent story published on BusinessWeek’s website, the subprime mortgage industry is taken under the microscope and picked apart, bit by scandalous bit.
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Default Risk: Not Just for Homeonwners Anymore
Homeowners are not the only ones having difficulty paying their mortgages. Owners of commercial properties, from office buildings and industrial parks to malls and resorts to hospitals and medical buildings are all feeling the pressure. And as of Tuesday, the cracks are officially beginning to show.
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Can the TALF Return Demand to the Markets?
We can now enter a new acronym into our lexicon: TALF. And what is TALF?
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Mortgage Market Update
If the mortgage market collapses this week, just “Blame it on Rio,” as that is where this week’s market update is coming to you from. After all, with the volatility of last week’s shortened trading week, and the volatility sure to come next week as we give thanks, we need to put blame somewhere.
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