|
|
|
Which is Riskier? 1· A 100 million dollar loan portfolio of AAA-rated mortgages originated in 4th quarter 2008 from America’s largest bank? or 2. A 100 million dollar loan portfolio of mortgages that cannot be securitized from a small bank because they contain: a. Homes without working mechanicals. b. No FICO scores for the borrowers. c. No driver's license or insurance records for the borrowers. Visit the website below. We hope this exercises your mind and defines sound practices. Our country has to solve a banking crisis; we need to explore all solutions. |
Thoughts about Leadership
|
|
When political leaders, heads of financial systems and housing experts refer to homes as “toxic assets”, it is clear they may not be able to find a solution. How many of you work every day to come home to greet your family in a “toxic asset”? To hear ”leaders” express themselves everyday is “headline grabbing” and looking for a solution. They are calling upon the government to fix our problem. To solve this problem will come from people who will call housing….. Housing. We are proud to office out of a former 'toxic asset'. We receive many compliments on our “toxic asset conversion”. Changing our mindset about this complicated situation will start all of us toward solving the problem. |
|
|