Posts Tagged ‘Radian’

Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?

Written on 3 Jul, 2013 at 7:24

I recently saw someone online saying that as a result of multiple insurance payouts a bank could receive millions of dollars on a $200,000 loan that went into default. It's just not true. There are lot's of reasons why... (Continue reading)

An Insider’s View of an Actual RMBS Securitization at Mandelman U.

Written on 2 Apr, 2012 at 8:15

What follows below are slides from an actual presentation of a Residential Mortgage-backed Securities - RMBS/REMIC deal... but NOT the slides from a "road show" presentation to potential investors... what you're about to see are slides from an INTERNAL meeting... (Continue reading)

Tagged with: AAA rated bailouts banking lobby credit enhancements diana olick economic recovery Federal Reserve Chairman Ben Bernanke FHFA suing GE Fitch Ratings foreclosure crisis foreclosures GE GE Money GE-WMC 2005-2 GE0WMC Goldman Sachs HAMP jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman MGIC Moody's mortgage securitization mortgage servicers mortgage-backed securities investors NIM bonds over collateralization PMI prepayment speeds president obama Radian REMIC Tax Act of 1986 REMIC trusts repo agreements RMBS split ratings standard and Poors TARP Treasury Secretary Tim Geithner trial modifications triggers unemployment wall street bankers wells fargo bank WMC Mortgage