NAMA Mortgages, money from thin air? When a bank creates a loan that becomes an asset, the property it is secured upon is the collateral (sorry my teaming millions, I know ... Continue reading
Mortgage Debt for Equity swaps A popular idea that has been discussed in the past (and if Niamh Hennessy's article proves correct may become working reality) is that ... Continue reading
Broker tools: Cost per thousand 000′ sheet One of the things that we constantly fall back on in mortgage brokering is the cost per thousand (usually written as 'cpt' or 'cost per... Continue reading
European Debt Crisis Statement We reaffirm our commitment to the euro and to do whatever is needed to ensure the financial stability of the euro area as a whole and i... Continue reading
Repay Bond holders in full (with mortgages) You can't hope for isolated solutions in world where everything is bound together, which is the foundation for taking a more pragmatic ... Continue reading
Credit Default Swaps Credit Default Swaps (CDS's) are an over the counter (not bought or sold through an exchange) product which gives the buyer insurance i... Continue reading
Looking at the make up of the mortgage market Delighted to see the Central Bank getting some granular detail on our market! ... Literally, we have been waiting for years to go beyon... Continue reading