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Recent articles from Secondary Mortgage Markets
Credit Derivatives.(Statistical Data Included)
December 1, 1999... Hedging Closer to Happiness
MONEY CAN'T BUY HAPPINESS, BUT IT can buy peace of mind for risk managers operating in the capital markets.
Just ask Oriental Land Co., owner and operator of Tokyo Disneyland. The theme park is located,...
Three Ways, No Four, to Find Peace of Mind.(Brief Article)
December 1, 1999... In the spirit of holiday wishes, the staff of SMM hopes that our reading audience will find "Peace of Mind" as the new millennium gets under way. We trust that there's more than enough serenity to go around among our 8,000-plus readers. If so,...
Stellar House-Price Gains Break New Economic Ground.(Statistical Data Included)
December 1, 1999... MUCH IS MADE OF the stamina shown by the current economic boom, now in its record-setting ninth year. But as of mid-1999 three other little-noticed yet important characteristics likewise distinguish this expansion from those of the past quarter...
Who Pays, Who Delays and Who Strays.(mortgages)(Statistical Data Included)
December 1, 1999... Getting to Know Borrowers Again
WHEN A MORTGAGE PAYMENT fails to arrive on time, a loan servicer must find out why and then determine how to resolve the matter if a check is unlikely to arrive soon.
That was an easier task 30 years ago...
Glossary of Terms.
December 1, 1999... Appreciation. Increase in the value of a property or other asset.
Arrearage. Amount borrower owes to lender for missed payments and associated costs of collecting the debt.
Auto-Dialer. Automated dialing capability used by debt...