1 Articles match "America","July","Taxpayer"
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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. As it happens we have a current and relevant set of valuations with which to work. The Merrill Portfolio On July 28 Merrill Lynch sold “super senior ABS CDOs” with a face value of $30.6 How Much for Those Lender Assets in the Window? By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
|
-
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. As it happens we have a current and relevant set of valuations with which to work. The Merrill Portfolio On July 28 Merrill Lynch sold “super senior ABS CDOs” with a face value of $30.6 How Much for Those Lender Assets in the Window? By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009