September 28, 2008
With news Sunday of a breakthrough, finally, on what Hank Paulson is calling the “Troubled Asset Recovery Plan”, it looks like the government will officially be in the Mortgage REIT business by Tuesday or Wednesday. This will undoubtedly bring significant, long term changes to the Mortgage REIT business. And while some Mortgage REITs may have […]
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August 22, 2008
The $1.2 trillion market for collateralized debt obligations (CDOs) is draining money from investor’s portfolios faster than the mighty Limpopo River flushes monsoon rains into the Indian Ocean. Consequently, investing in a CDO is now about as popular as halitosis, and CDO assets have been marked down as fast as overwhelmed accountants can sharpen their […]
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