Margin calls on mortgage lenders at unprecedented levels
1–10 of 59 posts
Re: Margin calls on mortgage lenders at unprecedented levels
#2Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
Re: Margin calls on mortgage lenders at unprecedented levels
#3Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
Solving global warming, overpopulation and income inequality, all at once!
Re: Margin calls on mortgage lenders at unprecedented levels
#4Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
The good news is that the siderial motion by which the sun "rises" cannot be affected by human follies.
Re: Margin calls on mortgage lenders at unprecedented levels
#5Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
really not hoping for a world war to boot.
Re: Margin calls on mortgage lenders at unprecedented levels
#6Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
The good news is that the siderial motion by which the sun "rises" cannot be affected by human follies.
Good point. Only Superman can affect that.
Re: Margin calls on mortgage lenders at unprecedented levels
#7For everyone thinking of the 2008 financial crysis: My layman point-of-view is that the market for mortgage backed securities in the US is nearly 20 times smaller compared to 2006
https://www.statista.com/statistics/275746/rmbs-issuance-in-...
Re: Margin calls on mortgage lenders at unprecedented levels
#8> Regulators have recommended a best practices guideline to collect margin on any variation above $250,000.
Can someone explain this statement?
Re: Margin calls on mortgage lenders at unprecedented levels
#9Sure, why not, let's have the unemployment of 1929, the pandemic of 1918, and the collapse of an unsound financial sector à la 2008. It'll be swell.
It's ironic that the economy / stock market hasn't become more resilient since 2008, despite more measures being taken. I mean sure, it's more difficult to get a mortgage you can't pay now (speaking for myself), but there's so much more fragile stuff that has been added in the past ten years; for example, a lot more amateurs have jumped into the stock market because one, savings interest rates have plummeted to effectively zero, and two, the attraction of getting rich quick thanks to bitcoin and overvalued hip stocks like TSLA.
Re: Margin calls on mortgage lenders at unprecedented levels
#10I mean people who can't work aren't going to be able to make rent. Landlords then cannot make mortgage payments so they default. Mortgage lenders are now up a creek without a paddle.