Posts tagged as:

mortgage

Save the U.S. Homeowners, Stupid!

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 [...]

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This is not a very good world’s santacruzan!

by Rainier on October 10, 2008

World?s stock markets plunges! That was the news that greeted me when I woke up early this morning. Was I shocked? Not really. I was expecting these kinds of news. And the bad news continues.
Iceland is on the brink of bankruptcy. They?ll have to go back to fishing to sustain their economy.
Japan?s Nikkei Index [...]

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Subprime Summary: Liquidity, bridge loan and bail-out, anoto?!

by Rainier on September 19, 2008

Earlier, I said, “At sa bawat hatsing nang America, magkakasipon ang mundo. Pati kayong mga Filipino kasali sa hindi magandang santacruzan na to.” Kaya naman, nung bineyl-out ni Tito Sam ang mga impakto sa Wall Street, nag-santacruzan ang mga stock exchanges around the world. Look at them! Pati sa Russia, an sasaya nila! WORLD PEACE [...]

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Understanding Subprime and the US Housing Market

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, [...]

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