Wednesday, August 8, 2007

Round up of subprime news

In depth: Subprime lending crisis

Useful portal that lists a host of headlines related to sub-prime. Interesting the FT has now created this as a sub-site. Suggests this is drawing a lot of interest. Noticed one piece saying that Bear Stearns has frozen a third fund, which invested in Alt-A. Looks like it's spreading.

Posted by dohousescrashinthewoods @ 02:12 PM (410 views)
Please complete the required fields.



3 thoughts on “Round up of subprime news

  • This idea that it has spread / is spreading is premature.

    The Alt-A and even prime funds had borrowers who were leveraged to the hilt. What we are seeing is the predicatble and inevitable consequence of loose lending standards and misappreciation of risk.

    The “Alt-A”s and “Primes” equally overstretched themsleves and now as the inevitable happens we will see more failures.

    The contagion will come later as other asset prices are driven down due to forced liquidations

    Reply
    Please complete the required fields.



  • I … err didn’t even listen to it before posting it here. He’s being sensationalist. Ignore. Sorry.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>