Posts Tagged ‘RISK’Fannie, Freddie Knew About Risks, Ignored ThemBy ANDREW JEFFERY This post first appeared on Minyanville. Unprecedented. Unpredictable. Unparalleled. Extraordinary. These are the adjectives offered by mortgage industry executives defending their relative innocence in the collapse of the housing industry. Conditions, they argue, deteriorated so rapidly and in such unpredictable ways they couldn’t possibly batten down the hatches fast enough. As it [...] Keepin’ It Real Estate: What’s My Mortgage Worth?This post first appeared on Minyanville. As the debate rages about whether or not we’re finally approaching a floor in home prices, let’s examine the value of another asset: The mortgage. When considering a home-buying transaction, buyers (and sellers) typically worry most about the value of the house. Lenders, on the other hand, are much [...] |