{"id":87481,"date":"2009-12-17T19:40:40","date_gmt":"2009-12-18T00:40:40","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/12\/17\/mortgages-housing-securitization-forensic-mods-doyle-on-failed-ellington-ipo-property-values-cutting-principal-securitization-oceans-of-debt-corporate-default-risk\/"},"modified":"2009-12-17T19:40:40","modified_gmt":"2009-12-18T00:40:40","slug":"mortgages-housing-securitization-forensic-mods-doyle-on-failed-ellington-ipo-property-values-cutting-principal-securitization-oceans-of-debt-corporate-default-risk","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/87481","title":{"rendered":"Mortgages, Housing, Securitization: Forensic, Mods, Doyle on Failed Ellington IPO, Property Values, Cutting Principal, Securitization, Oceans of Debt, Corporate Default Risk"},"content":{"rendered":"

\"Bill-Coppedge\"<\/a> \"original<\/a> <\/p>\n

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\"pr-web\"<\/a> <\/p>\n

Forensic Mortgage Auditors Expands Audit Focus to Include “Option Arms” and Reverse Mortgages<\/strong>. Serving Borrowers and Law Firms Nationwide – … With one in four US borrowers underwater, this company can provide the compliance review needed to determine if a residential mortgage was originated in compliance with the applicable federal laws. Improperly originated mortgages may be subject to modification or recission.<\/strong> … – Press Release at PR Web<\/a><\/p>\n

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\"sense-on-cents\"<\/a> <\/p>\n

Mortgage Modification Applications Decline in November<\/strong> – Posted by Larry Doyle – … The Obama administration\u2019s attempt to stabilize the housing market has been an abysmal failure.<\/strong>  … Homeowners will not gain the benefits of a mortgage modification without processing an application. … What would be the heavy artillery? Principal reduction via mortgage cram-downs. … has link to 24 page B of A research report<\/strong> – Sense on Cents<\/a> <\/p>\n

Failed Deals on Wall Street<\/strong> – Posted by Larry Doyle –  … Let\u2019s review a recent story from American Banker, Ellington Mortgage Bond Pool\u2019s IPO Fails: … I view these failed transactions as a precursor to what may occur in our markets as the Fed withdraws stimulus and support for housing specifically and the markets in general in 2010<\/strong>. … – Sense on Cents<\/a> <\/p>\n

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\"mdw1\"<\/a> \"new-observations\"<\/a> <\/p>\n

Property Values: Four More Years To Fall – Michael David White<\/strong> – New
Observatrions.net<\/a> <\/p>\n

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

Investment Funds Find Profits by Reducing Mortgage Balances<\/strong> – Reverse Mortgage Daily<\/a> <\/p>\n

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\"inst-risk-analyst1\"<\/a> <\/p>\n

securitization interview starts 40% down the page<\/strong> – The Institutional Risk Analyst: Fixing Securitization: Interview with Michael Krimminger – In this issue of The Institutionl Risk Analyst, we feature a discussion with Mike Krimminger of the FDIC about the new draft regulations governing bank securitizations that the agency will shortly be issuing for public comment. <\/strong>– The Institutional Risk Analyst<\/a>  <\/p>\n

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

FDIC proposes rules on securitization sales<\/strong> – By Jody Shenn and Theo Francis – … In its \u201csample\u201d rule, the FDIC suggests, among other things, blocking for home-loan bonds any more than 80 percent of the compensation for lenders, securitization sponsors, credit raters and bond underwriters from being paid upfront, with the rest due over five years<\/strong> and based on asset performance. – Risk Retention – It also proposes requiring sponsors to retain 5 percent of credit risk of all securitizations<\/strong>, as well as barring from securities any home loans less than a year old, or that don\u2019t rely on documented borrower income. … – Bloomberg<\/a> <\/p>\n

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\"nyt1\"<\/a> <\/p>\n

4 Big Mortgage Backers Swim in Ocean of Debt<\/strong> – By MARY WILLIAMS WALSH – … And the total risk they (4) pose to the taxpayer far exceeds that of the big banks.<\/strong> … – NY Times<\/a> <\/p>\n

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\"mortgage-orb\"<\/a> <\/p>\n

House Committee Gauges Covered-Bond Interest –<\/strong> BY JOHN CLAPP – Expert witnesses testifying before the House Financial Services Committee this week suggested that covered bonds, long-standing debt instruments in European markets for more than two centuries, should have a home in the U.S. – MortgageOrb<\/a> <\/p>\n

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

Housing Won\u2019t Collapse in 2010, says Radar Logic<\/strong> – By JON PRIOR –  The US housing market could be in for some serious trouble in 2010, but predictions of a second collapse are \u201cexaggerated,\u201d according to a report from Radar Logic, a real estate data and analytics company. – HousingWire<\/a> <\/p>\n

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

Default Risk to Linger in 2010<\/strong> – Maturities may be stretched out, but many companies are still saddled with too much debt. – High-yield bond defaults in the United States fell in the second half of 2009,<\/strong> according to a report released this week by Fitch Ratings, and are projected to decline substantially by the end of 2010. But there’s still plenty of risk that many noninvestment-grade firms will default on debt next year and the year after, especially if the U.S. economy does not make a strong recovery, Fitch says.<\/strong> – CFO.com<\/a><\/p>\n

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

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

  Forensic Mortgage Auditors Expands Audit Focus to Include “Option Arms” and Reverse Mortgages. Serving Borrowers and Law Firms Nationwide – … With one in four US borrowers underwater, this company can provide the compliance review needed to determine if a residential mortgage was originated in compliance with the applicable federal laws. Improperly originated mortgages […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-87481","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/87481","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=87481"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/87481\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=87481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=87481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=87481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}