Pickle Real Estate

Reading Between the Head-Lines

Geithner Bond Wise Men Bury Warning as Options Rise

2009-11-16bloomberg.com

“The options market shows investors are growing increasingly wary that U.S. debt sales may push yields higher even as inflation remains in check.”

Full Article Here

November 20, 2009 Posted by | Banking, Foreclosure, Investments, Stats | Leave a Comment

The New Flipping: Short Sales

2009-11-16heraldtribune.com

“The FBI recently added short sale flipping, dubbed “flopping” by some mortgage fraud experts, to its list of recognized real estate fraud.”

Full Article Here

 

November 20, 2009 Posted by | Banking, Foreclosure, Investments, Lending, Real Estate | Leave a Comment

Investors strategize for Fed’s exit from MBS market

2009-11-16reuters.com

“Investors who reaped robust gains in U.S. mortgage-backed securities by piggy-backing on the Federal Reserve’s $1.25 trillion buying program are bracing for the end to the central bank’s support — and positioning themselves for a new round of profits as prices cheapen.”

Full Article Here

 

November 20, 2009 Posted by | Banking, Foreclosure, Investments, Lending, Real Estate, Stats | Leave a Comment

Ambac Faces 99% Chance of Default as Deadline Looms, Swaps Show

2009-11-14 Bloomberg.com

Ambac Financial Group Inc.’s bond- insurance unit faces a 99 percent chance of default, credit derivatives show, as financial institutions brace for the second-largest bond insurer to file a capital update with regulators later today. ”

Full Article Here

 

November 20, 2009 Posted by | Banking, Foreclosure, Investments | Leave a Comment

   

Follow

Get every new post delivered to your Inbox.