2 Articles match "Collateral","July"

The Latest from RealtyTrac MORE
How Much for Those Lender Assets in the Window?
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 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, how much for that doggie in the window?
www.realtytrac.com - Tuesday, February 3, 2009
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The $3 Billion Foreclosure Payday
During the housing boom, Wall Street began repackaging mortgage securities into instruments called collateralized debt obligations, or CDOs, and selling slices of these securities to investors at varying levels of risk. In July 2006, the ABX index began with a value of 100, but it soon fell to 60 and Paulson’s profits began to pile up. You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on foreclosures .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • The $3 Billion Foreclosure Payday
    During the housing boom, Wall Street began repackaging mortgage securities into instruments called collateralized debt obligations, or CDOs, and selling slices of these securities to investors at varying levels of risk. In July 2006, the ABX index began with a value of 100, but it soon fell to 60 and Paulson’s profits began to pile up. You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on foreclosures .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • How Much for Those Lender Assets in the Window?
    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 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, how much for that doggie in the window?
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE