Tag Archives: mortgages


The fallacies of institutional investors

Stuff – As the collectivisation of middle class capital accelerated, a multiplicity of managed fund choices emerged to confuse the investor. There are active funds, passive funds, index funds, hedge funds, specialist funds trading in commodities, shares, junk debt, securitised […]

Ginnie Mae top exec leaving for private sector job

AP – The head of the government agency that packages federally backed mortgages into investments is stepping down for a new job, people familiar with his plans said. Joseph Murin, president of the Government National Mortgage Association, known as Ginnie […]

Obama readies stricter rules on financial institutions

Detroit News – President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America’s troubled financial institutions, proposing the most ambitious revision since the Great Depression. The goal is to prevent a […]

Peltz, Kurland Seek Stock Sales to Buy Mortgages

Bloomberg – Billionaire Nelson Peltz and former Countrywide Financial Corp. President Stanford Kurland are among at least six investors turning to the public markets to finance purchases of distressed home loans and corporate debt. The investors, most of whom previously […]

Barclays Dismisses Hedge-Fund Suit Against Bear Stearns

Am Law Litigation Daily – Remember how Linklaters’ representation of Barclays in a suit against Bear Stearns cost the firm its client relationship with JPMorgan Chase? It now looks like Linklaters sacrificed its JPMorgan work for nothing. Bloomberg is reporting […]

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