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
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
Using rebuild costs to determine if you can buy below costs. With so few transactions occurring it is hard to get an idea of values when the most common approach is the 'comparative method' (we co... Continue reading
Top mortgage rates: June 2011 The best rates in the market at present are Variable (<50% LTV): BOI 3% Variable (any LTV): NIB 3.4% 1yr fixed: AIB 4.15% 2yr fi... Continue reading