“subprime mortgages” lehman “bear stearns” citi “jp morgan” recession economy securitization tranche housing
Subprime Mortgages – Part 2 of 4
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Monthly Archives: May 2005
If Mortgage Bonds Are Secured Corporate Bonds Then How Did the Subprime Bubble Happen?
I am trying to know 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 strain new car from my dealership and i am being paid charged a 15% interest rate. i have found three banks/ credit unions that are charging minimum 8%. what i am worried about is, if i apply to all of them, apparently it can look terrible on my credit rating because i have inquired so many times. how can i tell if my credit is even worth their acceptance and how can i apply to them without ruining my credit rating?will refinancing look terrible too?
Can I Get a Mortgage with No Income but Substantial Assets?
Let’s say I don’t have verifiable income, but I have just inherited $5 million in liquid assets and don’t want to pay cash for the house. Could I qualify for a $750,000 mortgage based on having a large amout of verifiable assets but not verifiable income?
Is It Really Worth Try and Refinance from 6 to 5 Percent?
how much am i likely to save if i try to refinance right now? i owe 310,000 and have about 26 years left on my mortgage.