HOME, SYNOPSIS, SITE DIRECTORIES AMENDMENT BLOG FORUM GLOSSARY TESTIMONIALS FREE NEWSLETTER CONTACT JOIN PFMPE™

mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

Mathematically Perfected Economy™ FORUMS, DISCUSSION

Forum rules


Posts must be polite, constructive, and on topic. No unsupported claims, no unqualified assertions. Spam is reported to the offending IP, with loss of posting privileges. You may post links to *related*, constructive material meeting these standards only.



Post new topic Reply to topic  [ 1 post ] 
Print view Previous topic | Next topic
Author Message
 Post subject: The Shadow Inventory Of Troubled Mortgages Could Undo U.S. H
PostPosted: 26 Feb 2010, 12:19 am 
Offline

Joined: 29 Jan 2008, 6:06 pm
Posts: 731
The Shadow Inventory Of Troubled Mortgages Could Undo U.S. Housing Price Gains

Managing Director, Global Surveillance Analytics: Diane Westerback, New York 212-438-8646;
diane_westerback@standardandpoors.com
Primary Credit Analysts: Brian Grow, New York (1) 212-438-1555;
brian_d_grow@standardandpoors.com
Mike P Dougherty, New York (1) 212-438-6891;
mike_p_dougherty@standardandpoors.com
Nancy Reeis, New York (1) 212-438-1643;
nancy_reeis@standardandpoors.com

Wow what a copyrights disclaimer!

Quote:
Copyright ? 2010 by Standard & Poor's Financial Services LLC (S&P). All rights reserved. No part of this information may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of S&P. S&P, its affiliates, and/or their third party providers have exclusive proprietary rights in the information,including ratings, credit related analyses and data, provided herein. This information shall not be used for any unlawful or unauthorized purposes. Neither S&P, nor its affiliates, nor their third party providers guarantee the accuracy, completeness, timeliness or availability of any information. S&P, its affiliates or their third party providers and their directors, officers, shareholders, employees or agents are not responsible for any errors or omissions, regardless of the cause, or for the results obtained from the use of such information. S&P, ITS AFFILIATES AND THEIR THIRD PARTY PROVIDERS DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P, its affiliates or their third party providers and their directors, officers, shareholders, employees or agents be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained herein even if advised of the possibility of such damages.

The ratings and credit related analyses of S&P and its affiliates and the observations contained herein are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or make any investment decisions. S&P assumes no obligation to update any information following publication. Users of the information contained herein should not rely on any of it in making any investment decision. S&P's opinions and analyses do not address the suitability of any security. S&P does not act as a fiduciary or an investment advisor. While S&P has obtained information from sources it believes to be reliable, S&P does not perform an audit and undertakes no duty of due diligence or independent verification of any information it receives. S&P keeps certain activities of its business units separate from each other in order to preserve the independence and objectivity of each of these activities. As a result, certain business units of S&P may have information that is not available to other S&P business units. S&P has established policies and procedures to maintain the confidentiality of certain non-public information received in connection with each analytical process.

S&P's Ratings Services business may receive compensation for its ratings and credit related analyses, normally from issuers or underwriters of securities or from obligors. S&P reserves the right to disseminate its opinions and analyses. S&P's public ratings and analyses are made available on its Web sites, www.standardandpoors.com (free of charge) and www. ratingsdirect.com (subscription), and may be distributed through other means, including via S&P publications and third party redistributors. Additional information about our ratings fees is available at www.standardandpoors.com/usratingsfees.


Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image

Image


Quote:
Notes

1. Loan modifications occur when servicers determine some concessions in payment terms are the best options to maximize investor returns. Reporting of loan modifications has only recently become common practice by trustees. Standard & Poor's developed an algorithm that identifies loan modifications based on numerous changes to loan characteristics. Our loan modification methodology is completely independent of the federal government's Home Affordable Modification Program (HAMP), and the majority of loan modifications according to our methodology occurred prior to the announcement of HAMP in March 2009.

2. We calculated monthly recidivism rates for recently cured loans as the percentage of the recently cured balance that entered seriously delinquent in a given distribution month. Chart 12 displays annualized values of these percentages.


Results 1 - 10 of about 2,920,000 for Shadow Inventory. (0.22 seconds)
Search Results

1.
Huge shadow inventory fueling home price fears - Boston Real ...
Jan 21, 2010 ... It's the huge amount of shadow inventory banks and other lenders are sitting on, ready to dump on the market as prices start to move upward ...
www.boston.com/realestate/news/blogs/.. ... w_inv.html - Cached
2.
'Shadow' Inventory May Slow Housing Recovery : NPR
Jul 7, 2009 ... Despite recent signs that the housing market is looking up, some experts say the 3.5 million houses up for sale now could be just the tip of ...
www.npr.org › News › Business › Economy - Similar
3.
Foreclosure Listing Service Gears up for Shadow Inventory ...
Jan 11, 2010 ... For some business during the down cycle of the housing crisis, a wave of foreclosures lurking in the nation's shadow inventory – the supply ...
www.housingwire.com › Servicing/Default - Cached
4.
Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P ...
Feb 16, 2010 ... The “shadow inventory” of bank-repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to ...
www.housingwire.com/.../shadow-inventor ... -clear-sp/ - Cached
5.
Scary Shadow Inventory Numbers « naked capitalism
Using only the active inventory of 7964 homes, shadow inventory would swell .... The shadow inventory problem is much more massive than any of us realize: ...
www.nakedcapitalism.com/.../scary-shado ... mbers.html - Cached
6.
The Big Picture » Blog Archive » Shadow Inventory Of Troubled ...
Feb 16, 2010 ... Ritholtz is piping up with his take on the S&P research in his article, “Shadow Inventory of Distressed Mortgages“. ...
www.ritholtz.com/blog/.../shadow-invent ... mortgages/ - Cached
7.
Loan mods as shadow inventory? - Mortgage Insider : The Orange ...
Feb 2, 2010 ... Recently I've been reading articles documenting the increasing size of “the shadow inventory” of housing. Many articles mention that in ...
mortgage.freedomblogging.com/2010/...shadow-inventory/25327/ - Cached
8.
Calculated Risk: Report on Housing: 'Shadow Inventory' Increases ...
Dec 17, 2009 ... A top ranked economics and finance blog with a focus on the housing market.
www.calculatedriskblog.com/.../report-o ... ntory.html - Cached
9.
US Shadow Inventory Threatens Housing Market Stability | OANDA ...
Jan 26, 2010 ... The shadow inventory refers to properties currently in the foreclosure process, as well as delinquent mortgages where foreclosure ...
forexblog.oanda.com/.../us-shadow-inventory-threatens-housing-market-stability/ - Cached
10.
The Shadow Inventory = Shadow Gibberish?
Jan 26, 2010 ... I have been hearing about the Shadow Inventory for well over a year now. It is HUGE. It is sensational. A Big Giant Tsunami (BGT) of ...
agentgenius.com/real.../the-shadow-inventory-shadow-gibberish/ - Cached




Top
 Profile E-mail  
 
Display posts from previous  Sort by   
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 8 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron

While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.



Powered by phpBB3 © 2000, 2002, 2005, 2007 phpBB Group.

© COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED.COPYRIGHT 1979-2009 by mike montagne and PEOPLE For Mathematically Perfected Economy™. ALL RIGHTS RESERVED. TRADEMARKS: PEOPLE For Mathematically Perfected Economy™, Mathematically Perfected Economy™, Mathematically Perfected Currency™, MPE™, and PFMPE™ are trademarks of mike montagne and PEOPLE For Mathematically Perfected Economy™, perfecteconomy.com. ALL RIGHTS RESERVED.

Firefox™.BEST VIEWED WITH MOZILLA FIREFOX™.


Search perfecteconomy.com     Search Web