Oregon Sues Countrywide Over Pension Fund Losses Associated with Risky Mortgage-Backed Securities

Here we go again… Man, these investors must of been really stupid, really greedy, or both. Guess they got in over their heads and were livin above their means… If they couldn’t afford to lose their investment, they shouldn’t of put their money into it. I have no idea what they could of been thinking… … Read more

Securitization, Mortgage-Backed Securities, Collateralized Debt Obligations, and Credit Default Swaps

From Wikipedia, the free encyclopedia Securitization is a structured finance process that distributes risk by aggregating debt instruments in a pool, then issues new securities backed by the pool. The term “Securitisation” is derived from the fact that the form of financial instruments used to obtain funds from the investors are securities. As a portfolio … Read more