Consumer Focused Carnival of Real Estate

September 30th, 2008 The guidelines for this carnival ... now talking about. The country runs on credit, and right now, it is drying up, and not just mortgage credit, but commercial credit and even corporate credit (Caterpillar has some AA rated bonds they're trying [more...]

Date: 2008-09-30 13:16:43

Blog posts (25) | Videos (23)
 

Ainda o “downgrade” da S&P (5)

Bloomberg Spain may struggle to sell 1.8 billion euros ($2.4 billion) ... . Standard & Poor’s said Jan. 12 it may lower Spain’s AAA credit rating. “There is a clear risk ... of bonds as the prospect of a credit downgrade and a flood of new issues by European governments [more...]

Date: 2009-01-15 09:54:11

Ainda o “downgrade” da S&P (3)

Bloomberg The risk of losses on European government bonds is mounting as the economic slowdown threatens credit ratings in Ireland, Portugal, Spain and Greece. Credit-default swaps tied to the debt of Ireland rose more than seven-fold ... to be threatened with a debt downgrade when Standard & Poor’s said the country’s long-term rating [more...]

Date: 2009-01-14 11:03:02

The Fannie/Freddy bailout

It’s almost as if the feds are trying to flush the economy down the crapper ... holders of U.S. Treasury bonds. -Higher rates are bad for anyone with a mortgage, credit card debt, a home equity loan, a margin account, etc. -Higher rates also increase the government’s debt burden [more...]

Date: 2008-07-15 01:21:54

Bond issuer upgrades look set to increase

Bond issuers poised for a credit-rating upgrade have exceeded the 12-month average for the first time in two years, according to Standard & Poor's in a report that signals improvements in the global economy.The ratings agency said 174 global iss ... [more...]

Date: 2009-09-29 17:48:20

Italy Slips Slowly But Steadily Into Its Worst Recession In Over 30 Years

By Edward Hugh: Barcelona The Italian economy continued to contract sharply in the third quarter of 2008 as exports fell sharply - declining at the ... of the Italian bond spread and the danger of a credit rating downgrade. The Italian government went [more...]

Date: 2009-01-16 21:58:56

Friday’s Rates on Thursday

Huh?  Since tomorrow is Independence Day, the bond markets will be closed…so I thought I would provide you with mortgage rates on today ... with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan ... %.   Rates should be doing great with all this bad news, right?  Not so fast!  It seems as though Wall Street [more...]

Date: 2008-07-03 18:00:27

Moody’s to Introduce New Spokesmoose to Repair Image

Come on Down to Moody's HQ to Meet Raytee! If anyone has a public relations problem, it’s Moody’s (MCO) , once a well-respected bond ratings service, now DC’s favorite whipping boy for its role in the credit meltdown.  Between Buffett ’s dumping of the company’s stock and Greenlight’s David Einhorn pitching it as an investment short, management at Moody’s has decided to play a little offense. [more...]

Date: 2009-09-26 18:47:14

Banks Hoard Cash; Credit Card Bond Sales at Zero

Although LIBOR Plunged For 17 Consecutive Days it is not a sign of a huge increase in willingness to lend ... bank loans, compared with an average of 22 basis points in the five years before the global credit ... rate, or Libor, for three- month loans fell to 2.51 percent today, from 4.82 percent on Oct. 10 [more...]

Date: 2008-11-06 02:26:00

Low Rate Loan For Poor Credit People

by katie George Sometimes bad credit history like unpaid debt, default, arrears, bankruptcy, ... , without checking their credit history. A secured loan requires your property such as home, car, bond or any other acceptable form as security against the loan. So bad credit borrowers who needs [more...]

Date: 2009-01-02 11:36:14

Totally Disconnected: US Government Risk, Ratings, Bonds and Equities

As part of his seemingly ongoing program to remove systemic risks within the financial and corporate matrix, ... ; Poor’s reiterated its “AAA” rating for the United States, credit default swaps spreads for 10-year [more...]

Date: 2009-01-14 06:52:43

Morning news briefing 10.15.08

'Excellent' start for state bond sale – State Treasurer Bill Lockyer began taking orders Tuesday for $4 billion in short-term bonds and estimated the state will pay higher yield rates than last year, reflecting tighter credit market conditions. Lockyer announced that California received $1.8 billion in orders from retail investors Tuesday [more...]

Date: 2008-10-15 13:33:55

Monday links: fundamental design flaws

Earnings revisions are at a two-year high.  ( Bespoke ) Emerging market bond spreads have been halved YTD.  ( EconomPic Data ) Everyone thinks interest rates are going higher .  ( Clusterstock ) Checking in on some credit market indicators .  ( Calculated Risk ) Taking a look at the longer term cycles for the VIX .  ( VIX and More ) Research into the relationship between the dispersion in equity returns, the VIX and forward alphas.  ( SSRN ) Research shows hedge [more...]

Date: 2009-09-28 16:20:34

So You Think You Can Dance Winner Is Joshua Allen

Security Warning: Facebook and MySpace Soiled With Scams Obama Threatener Raymond Hunter Geisel In Custody How to Repair “White Apple Logo Screen of Death” in iPhones Merrill Lynch and Citigroup Agree To Buy Back Auction-Rate Bonds How to get free custom ringtones for your iPhone 3G What You Can Learn from the TJX Credit Card Mess Researcher [more...]

Date: 2008-08-08 04:33:07

Spain on Credit Watch

The international rating agency Standard & Poor’s announced last Monday January 12 that it had issued a downgrade warning on Spain’s triple-A sovereign rating. The news came as a surprise for the Spanish political elite, but was no surprise for investors in view of the increasing yield spread between the Spanish ten-year bonds [more...]

Date: 2009-01-17 16:22:01

The U.S. Dollar: A Federal Reserve Thingy

by The Mogambo Guru The front of a recent issue of Barron's asks, "Are Treasury Bonds Safe? ... , "This means that anybody who is buying any debt - when the central banks of the world are creating more and more money and credit at such astronomical rates - is a real moron, or lunatic, or both [more...]

Date: 2009-01-07 21:29:29

S&P Predicts Record Junk Bond Defaults in Europe

Standard & Poor’s predicts that at least 60 European firms will default within the next 12 months, ... European nonfinancial corporates, credit rating downgrades are expected to continue to outnumber ... :1 during the fourth quarter. While most LBOs do not face refinancing pressure until 2013, managing [more...]

Date: 2008-12-17 15:07:47

Vanguard Short-Term Bond Index (BSV) Is a Great Safe Haven

Wall Street is in deep, deep hole. Lehman Brothers (NYSE:LEH) is in Chapter 11 and AIG (NSYE:AIG), the biggest insurers in the country, is not far behind. It needs a loan of $75 billion to stay alive. Meanwhile, the country's biggest savings and loan bank WaMu (NYSE:WM) has a junk credit rating [more...]

Date: 2008-09-16 20:44:28

Potential Trap in Bond Funds

Right now with the state of the stock market investing in bonds is looking more and more attractive ... Yield Corporate Bd (HYG) can yield about 10% right now. While these are low credit quality rating [more...]

Date: 2009-01-17 22:31:00

Mortgage Rates Rising with Inflation

Rates are continuing their climb up upwards.  Helping to fuel this rise in rates, ... rate quote below is based on owner occupied with a minimum credit score of 720, “full doc” purchase ... to trade the safety of bonds (such as mortgage backed securities) for stocks.   Great for stocks = bad [more...]

Date: 2008-06-13 20:59:03

NFL considers reducing teams' borrowing cap; Patriots sue bond insurer

By Aaron Kuriloff Bloomberg The National Football League will consider reducing the amount each team can borrow following turmoil in the global ... " on cheap, available credit to maintain cash flow, expand business and pay players, said Marc Ganis ... and to provide working capital," Fitch Ratings said in a June report. Ganis said the credit crunch [more...]

Date: 2008-10-15 19:41:36

MortgageNewsClips: MUST READ: Forced To Lend, MUST READ pt 2, Reverse Slow Down, OTS Review, CSFB Bonuses Lump of Coal, Tax Break Cause Bubble?, John Mauldin, Bailout Chart, Bond Bubble, Obama’ Fed Pick, ZIRP and Ben, Walk Away, Sheila Bair, Extreme Makeover in Reverse

Today’s MUST READ:  Forced to lend? ... -logo     OTS Annual Report for Fiscal Year 2008 ———— Lump of coal in your stocking? - Credit ... s Weekly E-Letter - has interesting rates commentary ———— sfgate1 sf-chronicle nifty chart [more...]

Date: 2008-12-23 00:51:15

Illinois Mortgage Rates Weekly Update

Welcome to Illinois Mortgage Rates and News week in review for the week ending October 24th, ... rates world wide panic has shifted from worries about the credit crunch to worries ... whatever they have, good, bad or ugly, in order to raise cash (except for treasury bonds, money is rushing [more...]

Date: 2008-10-25 19:17:58

Fed's "Tough Guy" Act & Lending Rates

A: Well, it's officially summer but there is nothing hot about the markets these days ... this credit crisis began, except now its finally here. I mean, the bond insurers' saga took weeks of front lines in January, and now its actually here inflicting it's pain. The credit crunch has way [more...]

Date: 2008-06-23 15:28:49

Fixing Credit Rating Agencies

And now for something completely different... I read yet another story on how the credit rating agencies (Standard and Poors, Moodys, Fitch, et al.) failed at their task of rating credit instruments (bonds, derivatives, etc.) to reflect the risk of those instruments. The credit rating business works like this: Companies that want to issue [more...]

Date: 2008-11-18 11:29:00

25 Results