Posts Tagged ‘RMBS market’

Discussing Foreclosure Crisis Solutions with Impac Mortgage CEO Joe Tomkinson

Written on 10 Jun, 2013 at 4:39

I think Impac has proven that it has the capability and desire to be a meaningful part of the solution to the foreclosure crisis... they successfully modified tens of thousands of loans, and in general, they got loans modified in... (Continue reading)

The Trillion Dollar Mistake That Triggered the Economic Meltdown

Written on 17 Oct, 2012 at 9:45

What could Mr. Bernanke and others have done differently? Addressed the real cause of the crisis, the lost trust part... by announcing that the U.S. government would be stepping into the bond market and guaranteeing the investment grade bonds...... (Continue reading)

Tagged with: august 2007 bailouts credit default swaps credit markets freeze Credit Ratings Agencies Dodd-Frank economic recovery economy Fannie Mae FDIC FDIC Chair Sheila Bair Fed Chairman Ben Bernanke Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Indymac bank july 2007 loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Moody's mortgage crisis mortgage refinancing mortgage-backed security NACA RMBS market securitization market Standard & Poors TARP the federal reserve unemployment wall street bankers

The Foreclosure Crisis – We Won’t Be Able to Fix It, Until We Understand It

Written on 10 Oct, 2012 at 6:26

By understanding the truth of what happened and why at these two pivotal moments in time, everything else will fall into place, for it was these two moments that set the course for a global economic downturn that, if history... (Continue reading)

Tagged with: bailouts bank of america CDO market diana olick economic forecasts economic recovery economy Fannie Mae FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures fraudulent securitization Goldman Sachs HAMP housing bubble jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Moody's mortgage crisis mortgage refinancing mortgage servicers NACA obama administration ratings agencies RMBS market sen. carl levin senate financial investigations TARP Treasury Secretary Tim Geithner U.S. Senateâ€™s Permanent Subcommittee on Investigations unemployment us economy Wall Street and the Financial Crisis: Anatomy of a Financial Collapse wall street bankers wells fargo bank