Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Sheila C. Bair, Chairman, FDIC on The Future of Mortgage Finance

October 6th, 2008 · No Comments · Markets

A few principles to guide us in mortgage origination/lending/securitization for the future:       Remarks by Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation on The Future of Mortgage Finance at the 2008 Annual Meeting National Association for Business Economics; Washington, D.C.  October 6, 2008 I’m most honored to be here today. Thanks for […]

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1999 : Fannie Mae Eases Credit To Aid Mortgage Lending

September 30th, 2008 · 2 Comments · Markets

A worthwhile lookback . . . .   Copyright 2008 The New York Times Company  September 30, 1999 Fannie Mae Eases Credit To Aid Mortgage Lending By STEVEN A. HOLMES In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans […]

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Level 3 Assets and the SEC

April 10th, 2008 · No Comments · Markets

Led by Sec Hank Paulson(Treasury), Ben Bernanke(Federal Reserve), Chris Cox(SEC), many institutions are working to resolve the problems related to mortgage related assets. This letter from the SEC is an example: Sample Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements) In March 2008, the Division of Corporation Finance […]

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