{"id":309247,"date":"2010-02-11T21:21:54","date_gmt":"2010-02-12T02:21:54","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/02\/11\/homes-and-mortgages-global-home-prices-agency-cmos-jumbos-walk-away-option-arms-and-hamp-silent-seconds-get-louder\/"},"modified":"2010-02-11T21:21:54","modified_gmt":"2010-02-12T02:21:54","slug":"homes-and-mortgages-global-home-prices-agency-cmo%e2%80%99s-jumbos-walk-away-option-arms-and-hamp-silent-seconds-get-louder","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/309247","title":{"rendered":"Homes and Mortgages: Global Home Prices, Agency CMO\u2019s, Jumbos, Walk Away, Option Arms and HAMP, Silent Seconds Get Louder"},"content":{"rendered":"

\"bill-coppedge-dec09-1\"<\/a> \"original<\/a> <\/p>\n

 <\/p>\n

\"fthomeprices\"<\/a> \"ft\"<\/a> <\/p>\n

Global housing prices: There are always bigger bubbles –<\/strong> Simone Baribeau – Unless you\u2019re in Ireland.<\/strong>  An economic letter put out by the Federal Reserve Bank of San Francisco today put the US housing run-up in perspective. In a cross-country comparison they found that home prices in the US rose less than those in a whole swath of European countries. – FT.com<\/a> <\/p>\n

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\"nyt\"<\/a> <\/p>\n

about agency CMO’s: Peril for Products Tied to Mortgages<\/strong> – By AGNES T. CRANE and ANTONY CURRIE – … Partly because of this backing, $176 billion of C.M.O.\u2019s were issued in the second half of 2009, four times the amount in the second half of 2008, according to data from Thomson Reuters. About $1 trillion of the instruments are outstanding, Barclays Capital estimates. … – NY Times<\/a> <\/p>\n

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\"nj\"<\/a>   +  \"bloomberg\"<\/a> <\/p>\n

New Jersey Jumbo borrowers continue to fall behind<\/strong> – By Sean Sposito -  … About 7.4 percent of "jumbo" borrowers in the state were delinquent<\/strong> by at least two months in the first month of the new year, up from 7.1 in December.  … (US)  … Usually, these borrowers\u2019 performance is driven by unemployment.<\/strong> .. -  The Star-Ledger NJ.com<\/a> <\/p>\n

and
Jumbo Mortgage \u2018Serious Delinquencies\u2019 Rise to 9.6%<\/strong> – By Jody Shenn – U.S. prime jumbo mortgages at least 60 days late backing securities reached 9.6 percent in January from 9.2 percent in December, the 32nd straight increase for \u201cserious delinquencies,\u201d<\/strong> according to Fitch Ratings.  \u201cThe trend line for delinquencies indicates the 10 percent level could be reached as early as next month,\u201d Vincent Barberio, a Fitch managing director in New York, said today in a statement. The rate almost tripled in 2009, Fitch said. – Bloomberg<\/a> <\/p>\n

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\"alternet\"<\/a> <\/p>\n

another view: Home Underwater? Walk Away from Geithner’s Perverse ‘Homeowner Relief’ Plan<\/strong> – Zach Carter -  The plan to supposedly aid homeowners drowning in debt adopted by Obama and Treasury Secretary Timothy Geithner is just a money trough for the banks. – AlterNet<\/a> <\/p>\n

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\"hw1\"<\/a> <\/p>\n

Option ARMs Don\u2019t Measure Up in HAMP: BofA<\/strong> – by DIANA GOLOBAY – HousingWire<\/a> <\/p>\n

Silent Second Lien Risk to RMBS Getting Louder<\/strong> – by DIANA GOLOBAY – … as many of these investors may not even know if a second lien is tied to their collateral investment. … – HousingWire<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

  Global housing prices: There are always bigger bubbles – Simone Baribeau – Unless you\u2019re in Ireland.  An economic letter put out by the Federal Reserve Bank of San Francisco today put the US housing run-up in perspective. In a cross-country comparison they found that home prices in the US rose less than those in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-309247","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/309247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=309247"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/309247\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=309247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=309247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=309247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}