Econintersect Analysis Blog
Print this page or create a PDF file of this page
.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet Asia / Pacific Europe Middle East / Africa Americas USA Government
Tag Archives: MBS
Did Securitization Lead to Riskier Corporate Lending?
by Joao Santos, Federal Reserve Bank of New York There’s ample evidence that securitization led mortgage lenders to take more risk, thereby contributing to a large increase in mortgage delinquencies during the financial crisis. In this post, I discuss evidence … Continue reading
Bloomberg: Misleading on Banks Buying Treasuries
by Lee Adler, The Wall Street Examiner Bloomberg had this headline yesterday: Banks Use $1.77 Trillion To Double Treasury Purchases They led with this: The gap between U.S. bank deposits and loans is growing at the fastest pace in two … Continue reading
Posted in Banking News
Tagged banking, banks, banks buy treasuries, Bloomberg, Lee Adler, MBS, mortgage backed securities, Treasuries, wall street examiner
Leave a comment
Will There be Life after QE2?
QE2 will be over before the end of June 2011. In simple words, QE (aka quantitative easing) is in effect the same as government buying its own debt. Continue reading
Federal Reserve Issues Its Consolidated 2010 Financial Statements
The Fed issued its consolidated financial statements for 2010. Continue reading
Posted in Federal Reserve
Tagged consolidated financial statement, Federal Reserve, MBS, QE2
1 Comment
Just What is the MBS Putback Exposure for Banks?
The MBS putback exposures of banks appears uncertain. Putbacks, combined with other loan losses and Basel III requirements, will likely depress bank earnings. And all of these things combine to keep the questions about bank solvency open. Continue reading
Bank Earnings May Not Cover Put-Back Losses.
The Congressional Oversight Panel estimates that banks have not provisioned for $31 billion of mortgage put-backs that are coming in the next 2-3 years. Continue reading
Posted in Banking News
Tagged BAC, banks, C, Congressional Oversight Panel, COP, JPM, MBS, mortgage backed securities, mortgages, WFC
5 Comments
Explaining the Housing Bubble
In the simplest terms, the housing bubble was caused by a flood of liquidity chasing mispriced risk. Continue reading
Posted in Banking News, Home Sales and Home Prices
Tagged Adam J. Levin, affordable housing goals, CMBS, community reinvestment act, Fannie Mae, Freddie Mac, GSE, housing bubble, housing finance, informational asymmetries, irrational exuberance, MBS, mortgage, PLS, real estate, RMBS, securitization, standardization, Susan M. Wachter
2 Comments
The Mortgage Mess
For more than three months Yves Smith has written daily on the unfolding foreclosure documentation crisis at Naked Capitalism. She has written this exclusive summary of her work for GEI. Continue reading
Posted in Banking News, Home Sales and Home Prices
Tagged DocX, foreclosures, Lender Processing Services, MBS, MERS, mortgages, Prommis Solutions, RMBS, Yves Smith
25 Comments
