It only takes about a 9% default rate to wipe out the net interest revenue of the other 91% that conform.
http://ultratrading.blogspot.com/
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Started by
nimblebear
, Jan 26 2011 12:39 AM
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#1
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 26 January 2011 - 12:39 AM
For banks and conforming home loans:
It only takes about a 9% default rate to wipe out the net interest revenue of the other 91% that conform.
http://ultratrading.blogspot.com/
It only takes about a 9% default rate to wipe out the net interest revenue of the other 91% that conform.
http://ultratrading.blogspot.com/
OTIS.
