Tag Archives: mortgage-backed securities

Financial Crisis 10-Year Anniversary: What Went Wrong And Can It Happen Again?

greed photo

Ah, memories! Some good, some bad and some terrifying! In this case, 10-years after the global financial markets came close to collapse, the word terrifying would seem to be a good fit! But what went wrong in 2008 and is it possible the same could happen again? To my mind, one word seems to describe the environment […]

Is The Mortgage Market Facing The Unintended Consequence Of A Fed Inspired Liquidity Crisis?

unintended consequences of the Feds reluctance to raise interest rates

In other words, despite the fact that mortgage rates are at cycle lows, could the reticence on the part of the Fed to raise rates actually bring the hammer down on mortgage originations? Kroll Bond Rating Agency Senior Managing Director Christopher Whalen thinks so! “Policymakers are not watching spreads. There is a liquidity problem — this is […]

Is there a downside to plunging oil prices?

If you’ve been listening to the reporting of financial or political pundits, falling oil prices have typically been touted as a ‘major tax cut’ for consumers! They speak of the fact that the drop in the price of a barrel of oil (WTI currently in the low $60/barrel range) puts money into the consumers pocket […]