by Rainier on November 2, 2008
Typically, in the loan and mortgage industry, when a customer fails to live up to his obligation, then you take ownership of the property to cover your losses. No question, pretty understandable. As basic as all the Business Law we had in college.
But what happens when a customer fails to live up to his [...]
by Rainier on September 29, 2008
Wall Street and Capitol Hill are in a frenzy. They are waiting for the much anticipated coming… the huge, gigantic $700 billion US dollar, superman bail-out of what seemed to be the obvious failure of corporate capitalism.
If you?re a Reyna reader, I?m sure you already know what this esoteric term ?mortgage-backed securities? means. Now, what [...]
by Rainier on September 17, 2008
TO THOSE OF YOU WHO LINKED THIS ENTRY ON YOUR FINANCIAL FORUMS: MANY THANKS. IF YOU ARE STILL HAVING SOME HARD TIME UNDERSTANDING SUBPRIMES, HERE IS MY SUBPRIME SUMMARY THAT YOU MIGHT WANT TO TAKE A LOOK AT.
My entry today will try to explain and give you an understanding why events like this happens, [...]
by reyna24 on July 15, 2008
Get in touch financially mga kabisyo! It’s time to start reading the financial news regularly para in touch kayo sa mga financial news sa US.
Marami akong mga kalokohang sinusulat. Sa totoo lang noh? Ano pa ba ang dapat kong ikabahala eh ala naman na meng anda. Eto nga, kahit Unemployment, di ko pa makuha sa [...]
by reyna24 on July 12, 2008
Good morning mga kunichiwa! Our higher accounting class topic for today is MBS. Mapapa-bullshit ka talaga! Pero importante to mga kabisyo to understand ba’t mahirap na ever humada hahaha! Hirap na kasi hanapin anda!!! Grrrrr!!!
Shockies ang lola mga kunichiwa when Fannie Mae and Freddie Mac told the world na meron lang silang konting minor [...]