Tags » Securitization

CHANGE VERSUS CONTINUITY IN THE PHILIPPINES

 

After more than 30 years I recently spent a week in the Philippines, giving a few arranged talks at universities, meeting with NGOs, and old friends who shared their understanding of this fascinating fast growing country of approximately 105 million people living on an archipelago that consists of more than 7,107 islands. 2,177 more words

Commentary

FDIC Employee Quits and Goes Public With Complaint Against Chase, WAMU, Citi and two law firms

For further information and assistance please call 954-495-9867 or 520-405-1688

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See Eric Mains Federal Complaint

see Mains – Table of Contents.petition 2 transfer

On Monday Eric Mains resigned from his employment with the FDIC. 1,399 more words

Foreclosure

A few years back, folks in the banking industry had an interesting idea: Take thousands of mortgage loans, assemble them into a pool, and issue mortgage-backed securities against the revenue stream they generate.

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Financial

Rockwell P. Ludden, Esq. --- A Lawyer who gets it on Securitization and Mortgages

see FORECLOSURE, SECURITIZATION DON’T MIX ROCKY&#39S+ARTICLE+in+the+CAPE+COD+TIMES+February+21,+2015

As I write this, I have no recall of Mr. Ludden before today. BUT his article in of all places, the Cape Cod Times, struck me as astonishing in its concise description of the illegal foreclosures that are skimming past Judges desks with hardly a look much less the usually required judicial scrutiny. 472 more words

Foreclosure

The Future of the Federal Housing System

I want to make the argument that government-backed securitization—i.e., something approximating the core functions and parameters of the much-maligned government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac—is necessary and prudent for the future of housing finance reform. 1,279 more words

Securities Regulation

Set the Wayback Machine for Housing Finance Reform, But To When?

The debate over housing finance is odd even by the current standards of political debate in Washington, which sets a high bar.

Proposals to limit government involvement in housing finance have nothing to do with the failings of the system, and certainly nothing to do with what went wrong in the financial crisis. 1,562 more words

Securities Regulation

The Resolution of Systematically Important Financial Institutions: Lessons from Fannie and Freddie

There was perhaps no issue of greater importance to the financial regulatory reforms of 2010 than the resolution, without taxpayer assistance, of large financial institutions. The rescue of firms such as AIG shocked the public conscience and provided the political force behind the passage of the Dodd-Frank Act. 1,447 more words

Finance & Economics