Or “tranche” for instance. This must be said with a french accent, best accomplished by leaning one’s head back until nasal congestion occurs, then speaking. It’s french for “slice”, but I guess tranche makes the banker sound more sophisticated.
Or “tranche” for instance. This must be said with a french accent, best accomplished by leaning one’s head back until nasal congestion occurs, then speaking. It’s french for “slice”, but I guess tranche makes the banker sound more sophisticated.
Or “tranche” for instance. This must be said with a french accent, best accomplished by leaning one’s head back until nasal congestion occurs, then speaking. It’s french for “slice”, but I guess tranche makes the banker sound more sophisticated.
I wonder how the phenomenon of depreciating collateral is handled. Autos and residential RE would seem to fall in that category, although the auto depreciation is more predictable to be sure.
I wonder how the phenomenon of depreciating collateral is handled. Autos and residential RE would seem to fall in that category, although the auto depreciation is more predictable to be sure.
I wonder how the phenomenon of depreciating collateral is handled. Autos and residential RE would seem to fall in that category, although the auto depreciation is more predictable to be sure.
One big difference is that credit card debt is HIGHLY profitable. I don’t think it would be so simple if suddenly there was a 200% spike in people failing to pay their bill. That is what is happening in mortgages right now.
One big difference is that credit card debt is HIGHLY profitable. I don’t think it would be so simple if suddenly there was a 200% spike in people failing to pay their bill. That is what is happening in mortgages right now.
One big difference is that credit card debt is HIGHLY profitable. I don’t think it would be so simple if suddenly there was a 200% spike in people failing to pay their bill. That is what is happening in mortgages right now.
Thanks for the explanation. It is very strange when you think about it.
How big is the ABS market?
Just looking at the fall out from a small portion of homeowners not paying there mortgages. I guess if people really wanted a revolution they should just stop paying their bills all at once. That would shake things up…
Thanks for the explanation. It is very strange when you think about it.
How big is the ABS market?
Just looking at the fall out from a small portion of homeowners not paying there mortgages. I guess if people really wanted a revolution they should just stop paying their bills all at once. That would shake things up…
