Banks choke on $38 billion Oracle data center debt and dump it at discounts, single borrower risk screams 2008 single-name CDOs all over again
JPMorgan and Morgan Stanley spent six months begging buyers for AI construction loans.
borrower
Oyster Stew? Another Bad Government Idea To Fix Housing Affordability: The 50-year Mortgage (Interest Paid By Borrower Increases By 105%!)
by confoundedinterest17 Every time the government tries to make housing more affordable, they make the problem worse. Some people should rent and not fall for the government’s latest folly, the 50-year mortgage. True, the 50-year mortgage would lower the monthly …
FHA pays the mortgage while landlord collects the rent… Borrower skips payments, FHA covers $210,000 in unpaid mortgage bills
John Comiskey has exposed yet another glaring example of FHA’s “partial claim” loophole in action. A California property owner with a $913,000 FHA-backed loan is collecting rent while skipping mortgage payments—knowing the FHA will step in to cover the bill. …
We Haven’t Seen A Subprime Borrower Meltdown Of This Magnitude Since The Last Financial Crisis
by Michael It is happening again. All over America, borrowers are getting behind on their payments. In particular, subprime borrowers are having a very difficult time paying the bills. Does that ring a bell? That should, because the last time …
Bidenomics At Work! US Government Is Virtually The Only Borrower Left Standing, Bank Credit Declines (No Wonder Yields Are Rising!)
by confoundedinterest17 Its the Biden Bop! As Bidenomics continues its blitzkrieg on the US economy with the Federal government massively expanding its debt while households and business cut back on debt. The US government is the only sector to have notably …