Subprime Crisis

Subprime contagion is souring Commercial MBS deals.

Did you hear the one about the CEO selling off shares before bad news hit the market?

Countrywide CEO Angelo Mozilo has cashed in by changing his share sales schedule, and bumping up the dates. Now a state pensions fund trustee has called for the Securities and Exchange Commission to figure out if Mozilo's actions were fair and lawful.

When it’s too late to manage numbers, all that’s left is managing expectations.

While I agree that money can be made in any market, the idea of buying a subprime foreclosed home leaves my moral charter a little bruised.

What began as the subprime credit crisis triggered a wave of foreclosures, flooding the already weak real estate market with new inventory. Real estate values have been driven down by banks and mortgage providers pricing homes to sell. Last week, August’s new home sales data and disappointing reports from two major US homebuilders highlighted the problem.

What iPhone owners and troubled subprime borrowers have in common.

The role securitization played in the subprime crisis.

Lacking concrete news, pundits have been guessing at outcomes of Fed’s Tuesday meeting.

Meet the newest character joining the subprime cast.
A call for a Senate inquiry, a SEC review and the threat of litigation drag rating agencies center stage.

As Libor yields to subprime credit pressure, bankers in the Gulf should start to sweat.