ARM Mortgage Reset Pain to Continue
July 14, 2008
A graph put out by Credit Suisse details the monthly volume of residential mortgages which will have their interest rates reset. The graph clearly indicates that we’re not out of the woods yet. In fact, what this graph indicates is that sometime towards the end of 2008 and early-mid 2009 we might begin to start [...]
Read More >>Commercial Market Downturn Talk Gaining Traction
December 28, 2007
For months now we have been hearing of the downturn in the residential market and the subprime woes that have put a stranglehold on credit. The media has been all to focused on the residential market because that is what most people on the streets are concerned with. We are starting to see the mass media [...]
Read More >>Commercial Paper Market Being Revived by Citigroup,JPM, and Bank of America
October 15, 2007
Bank of America, Citigroup, and JP Morgan are expected to announce as early as today the establishing of an $80 Billion Commercial Paper fund. The fund is aimed at helping unlocking the asset-backed paper market from its current condition. The fund might also help avoid units setup to provide subprime debt from selling off their [...]
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