2 Articles match "America","Collateral","Taxpayer"
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The Latest from RealtyTrac
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How Much for Those Lender Assets in the Window?
At first it might seem that such a question has little to do with the current mortgage crisis, but actually its at the center of the recent legislation that authorizes the Treasury Department to pay out $700 billion in taxpayer money for financial paper of questionable value. CDOs, or “collateralized debt obligations” are complex securities that can be backed by various forms of assets, including mortgages. How Much for Those Lender Assets in the Window? By Peter G. Miller Long ago there was a song which asked the magic question,
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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How Much for Those Lender Assets in the Window?
At first it might seem that such a question has little to do with the current mortgage crisis, but actually its at the center of the recent legislation that authorizes the Treasury Department to pay out $700 billion in taxpayer money for financial paper of questionable value. CDOs, or “collateralized debt obligations” are complex securities that can be backed by various forms of assets, including mortgages. How Much for Those Lender Assets in the Window? By Peter G. Miller Long ago there was a song which asked the magic question,
www.realtytrac.com
- Tuesday, February 3, 2009
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Another Approach to $700 Billion Bailout
Thank you for the link.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
