Coronavirus Fallout: Many Real Estate Mortgage Derivatives Went No Bid & Mortgage Crisis Coming?
- WallStForMainSt
Two weeks ago well respected bank and mortgage finance industry analyst, Christopher Whalen, https://www.theinstitutionalriskanaly… , documented in a blog article with quotes from his many insider sources in the banking and mortgage finance industry how a lot of the $12 trillion dollars mortgage finance industry went “no bid” https://www.theinstitutionalriskanaly…
–
Servicer Advances and Mortgage Payment Holidays https://www.theinstitutionalriskanaly…
–
Billionaire real estate investor Tom Barrack has been warning anyone who will listen on CNBC and Bloomberg TV in the last 2 weeks that by the end of April there will be massive amounts of defaults on commercial real estate mortgages and residential real estate without more government intervention (bailouts). The next financial crisis: A collapse of the mortgage system https://www.politico.com/news/2020/03…
–
Coronavirus poses new threat to mortgage industry https://thehill.com/policy/finance/49…
CARES Act loan forbearance program could negatively impact mortgage industry https://highlandcountypress.com/Conte…
Coronavirus: US bracing for ‘biggest wave’ of mortgage delinquencies in history, as shadow of 2008 looms https://meaww.com/us-mortgage-market-…
Mortgage Firms Teeter Near Crisis That Regulators Saw Coming https://finance.yahoo.com/news/mortga…
Mortgage bankers warn Fed mortgage purchases unbalanced market, forcing margin calls https://www.cnbc.com/2020/03/29/mortg…
Mortgage Lenders Consider Plan to Suspend Payments Amid Crisis https://www.nytimes.com/2020/03/17/bu…
Cheesecake Factory, Subway, other major retailers tell landlords they can’t pay April rent due to coronavirus https://finance.yahoo.com/news/cheese…
With Rent Due, Leases Don’t Give Retailers and Restaurants an Easy Out https://www.adweek.com/retail/with-re…
end