This article was originally published by KXLH.com. HELENA – June 15th has been dubbed World Elder Abuse Awareness Day (WEADD). Data from the State Commissioner[...]
Basics
Law360, Springfield (May 11, 2017, 8:56 PM EDT) — With 15 more days scheduled on the Illinois General Assembly’s spring legislative calendar, state lawmakers received[...]
The Mortgage Markets Understanding Mortgage Backed Securities (MBSs) necessitates a basic understanding of mortgages, the mortgage markets and their related terminology. Mortgages are loans generally[...]
To appreciate the subprime mortgage crisis, which will lead to significant litigation over the sale of MBSs, one must review the major events of 2006[...]
This scholarly article was written by Jeffrey Sonn, Esq., Jennifer P. Farrar, Esq., and Kirk Reasonover, Esq. It contains over 6,000 words and would certainly[...]
Now that we have defined the basics of mortgages and the recent meltdown in the subprime markets, we will examine the secondary market and GSEs.[...]
Many investors have a general understanding of mutual funds: An investment vehicle that lets investors combine their money into one pool in order to purchase[...]
Prior to the creation of Collateralized Mortgage Obligations by non-agency institutions, the most common structure was primarily accomplished by GSE’s, who would buy loans from[...]
Since 1983, mortgage pass-through securities and mortgages have been securitized as collateralized mortgage obligations (CMOs). While pass-through securities share prepayment risk on a pro rata[...]
The different type of mortgages, periods of maturity, rates of interests, and sizes of pools make it difficult for the average investor to analyze the[...]