Tag: Delinquencies

The Implosion of Commercial Office Space Has Begun – Part 5: Derivatives Domino

AAA-rated bonds within a CMBS derivative product backed by CRE have defaulted for first time since the Great Financial Crisis.

The Implosion of Commercial Office Space Has Begun – Part 4: Derivatives

MBS, CDO, and CDS synthetic securitization made their way into the CMBS markets as banks search for ways to manage capital constraints and risk.

Auto Loan Affordability Tanks, and Delinquencies at Three-Decade High

Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.

Bubble, Bubble, Housing Market Toil and Trouble: Capitulation

Buyer sentiment and data points appear to have entered a phase that mirrors the Great Financial Crisis housing bust to boom cycle, or worse.

Record Student Loan Debt and the Clueless Mob’s Forgiveness Finale

Biden’s socialist wealth transfer is paid by 2/3 of Americans with no degree for 1/3’s education as a crass political payoff. Debt is never wiped out.