SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (37548)8/2/2005 12:25:35 PM
From: Ramsey Su  Read Replies (2) of 110194
 
Russ,

if they are somehow picking up recordings, then you have to look at week to week or month to month. 7-28 to 8-2 got a weekend sandwiched in there so it might have appeared to have a big jump. There are no recordings over the weekends.

One data point that is very difficult to compile is the loss severity itself. In other words, how much is the actual dollar loss for each defaulting loan.

You can look at the MIs, or C-BASS, or some of the subprimes and see how they are doing.

LEND, as an example, just announced that they are increasing reserves as they see losses trending up. During the past few years, the losses were so low and many of the defaults are so easy to work out. Just give them a new loan to pay off the old, since equity is increasing so rapidly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News