GLG News by Mortgage Insurance Experts

KDB in this case is playing the role of the blind squirrel who finds a nut.  It is wise to invest opportunistically, in ventures that are cheap, WHEN YOU UNDERSTAND THAT YOU ARE NOT KNOWLEDGEBLE IN HOW TO RUN THESE BUSINESSES. 

The question to answer here is whether or not the ECB is a collateral-based lender.

The fact the ECB might accept securities other central banks (or private lenders) might not is not preventing the market for these securities to correct.  Pledging securities to a collateralized lender will not affect the ability to sell these securities when the opportunity presents itself.

Let me be brief.  This is a synthetic market that allows participants to express their sentiments (wager) without participating in the cash market.  Beware reading too much into the levels at which items trade in any synthetic market.

Borrowers are finding it more difficult to obtain credit because lenders have a renewed awareness of the basics of extending credit, not because borrowers are requesting credit more often.

The prior several years have definitely been a severe downturn (stating the obvious) in the destruction of existing housing prices. Bloated inventories, overextended borrowers, lack of decent funding, macro economics, lack of faith in the valuations have all contributed to this mess. But it...

Sovereign Wealth Funds (SWF) have a lot of money. So they can buy advice. What they do with it is another matter. Investing in Blackstone was investing in a reputable firm at a bad time. So short term the investment looks bad. Long term is the the time horizon of SWF and in the longer term it may...

Reporst like this are factual no doubt, however this cycle of price falls and lending falls by banks will continue in my opinion until confidence returns.

Yes, it is a mess - I have seen about 3 or 4 cycles such as these over the last 30-years.  We have all seen this mess coming years ago. In 2004, a vast amount of mortgage originators were doing some very creative things to sell mortgages. HEOPA and high cost was in effect while these negative...

Many home builders are concerned that a provision in the new federal Housing Bill will reduce sales to borrowers that used phoney grants from charities to fund their downpayments.   The new legislation ends the circular charade of allowing builders and other home sellers...