Housing Threatened by Defaults in Sub-Prime Mortgage Market

Discussion in 'Economics' started by TheDudeofLife, Feb 1, 2007.

  1. moo

    moo

    Where to find info...

    1) Which stocks are most affected by this meltdown?
    Which liquid, publicly-traded companies are most dependent on the lending business?

    So far I have gathered this list:
    AHM AHR CFC CHC COF DRL FNM FRE IMH LEND LUM MBI NEW NFI

    2) How have these junk bonds been distributed? Which (and what kind of) institutions have most invested in them?
     
    #131     Feb 23, 2007
  2. Subprime loans are everywhere. They were bundled and sold to all manner of investors, large and small - through hedge funds, brokerage houses, bond funds, pension funds.

    They're like pixie dust.
     
    #132     Feb 23, 2007
  3. So pixie dust is everywhere? :)
     
    #133     Feb 23, 2007
  4. These guys had 75 branches..Thats is quite a little scam operation..

    No more Enron type scams, no more Mortgage fraud...Online poker collusion is now getting harder..

    What is the next big crime...Will car jacking become in vogue again..???

    http://www.azcentral.com/community/mesa/articles/0225mortgageshutdown0225.html


    Nino Brown in "New Jack City": You gotta rob to get rich in the Reagan era.
     
    #134     Feb 25, 2007
  5. I told you all so...
     
    #135     Mar 12, 2007
  6. MattF

    MattF

    Well, they've been jacking catalytic converters around my area lately from people and the car lots...$100+ a piece to sell...:(
     
    #136     Mar 12, 2007
  7. Sponger

    Sponger

    Where did all of the loans go?

    Asset Backed Securities is one answer.
     
    #137     Mar 13, 2007
  8. #138     Jun 29, 2007
  9. hhmmm...

    as BSC lawsuit talk swirls...rating agency stocks...mco and mhp are getting pounded

    what a septic tank
     
    #139     Jul 3, 2007
  10. Houston, we have a problem...
     
    #140     Jul 17, 2007