Housing Help From Uncle Sam

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Hi Luke,
Great Article.
I have serious concerns with the erosion of Mortgage Back Securities and the impact to our economy. If more indiivduals walk away from their homes and foreclosures continue to climb, then how marketable will be the Mortgate Back Securities.
Has anyone done a 3 year analysis on the volume of trading of the Mortgage Back Securities compared to the number of foreclosures. It woud be interesting to see the Up and Down Volume of purchases and who is buying (Domestic, Asia and European or detailed of the top 20 Companies buying), compared to foreclosure. This may not be easy, but if the analysis could show existing Mortgage Back Security assets balances per year with monthly breakdown in 2008, it would be a great indicator of recovery or not.
This would be a great report to reflect current conditions with the Mortgate Back Security. Do you know if such a report exists today?

Richard Rodriguez of FL 1:08PM May 01, 2008

Hi Luke,
Great Article.
I have serious concerns with the erosion of Mortgage Back Securities and the impact to our economy. If more indiivduals walk away from their homes and foreclosures continue to climb, then how marketable will be the Mortgate Back Securities.
Has anyone done a 3 year analysis on the volume of trading of the Mortgage Back Securities compared to the number of foreclosures. It woud be interesting to see the Up and Down Volume of purchases and who is buying (Domestic, Asia and European or detailed of the top 20 Companies buying), compared to foreclosure. This may not be easy, but if the analysis could show existing Mortgage Back Security assets balances per year with monthly breakdown in 2008, it would be a great indicator of recovery or not.
This would be a great report to reflect current conditions with the Mortgate Back Security. Do you know if such a report exists today?

Richard Rodriguez of FL 1:06PM May 01, 2008