Monthly Archives: May 2005
Subprime Mortgages – Part 2 of 4
“subprime mortgages” lehman “bear stearns” citi “jp morgan” recession economy securitization tranche housing
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If mortgage bonds are secured corporate bonds then how did the subprime bubble happen?
I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.
will applying to too many banks for refinancing, ruin my credit rating?
its coming up for a year since i bought a brand new car from my dealership and i am getting charged a 15% interest rate. i have found three banks/ credit unions that are charging minimum 8%. what i am … Continue reading