Subprime woes spark fears of spreading troubles in global markets
Subprime woes spark fears of spreading troublesAs the subprime-mortgage industry declines at a rapid pace, many are concerned with the sector's influence on the markets. The situation has prompted calls for action from lawmakers, and some in the mortgage industry say investors are causing a liquidity crisis.
The full storyWhat's really at stake in the subprime mortgage market?
Read this to report.stock market, bonds, mortgages, mortgage backed securities, mbs, subprimeLabels: bonds, MBS, mortgage backed securities, mortgages, stock market, subprime
Pioneer in mortgage-backed securities dislikes the new style market
Pioneer in mortgage-backed securities dislikes the new style marketMore so than perhaps any other single person, Lewis Ranieri is the reason that there's a market in mortgage-backed securities. But the legendary trader who helped create the game isn't too pleased by the changes in the market.
more infomortgages, MBS, mortgage backed securitiesLabels: MBS, mortgage backed securities, mortgages
SubPrime spiral can hurt MBS markets
As subprime loan market sinks, worries grow of a wider problemTwenty-one subprime lenders have filed for bankruptcy since December. The shakeout in the industry, which caters to making home loans to buyers with less-than-desirable credit, may auger more widespread problems in the economy and mortgage-backed securities.
Full storyloans, lending, subprime, mortgages, MBS, mortgage backed securities, bond markets
Labels: bond markets, lending, loans, MBS, mortgage backed securities, mortgages, subprime
