Comments on: Total Securitization of Consumer Loans http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:16:44 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Sunny129 http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-360514 Sunny129 Mon, 02 Aug 2010 03:41:01 +0000 http://www.ritholtz.com/blog/?p=57861#comment-360514 70% of credit created during boom years (2001-2006) was due to SECURITIZATION of consumer loans incl housing, HELO, auto, CC and student loans! So easy money ( creating credit out of thin air) creation by shadow banking is KAPUT! Good riddance! 70% of credit created during boom years (2001-2006) was due to SECURITIZATION of consumer loans incl housing, HELO, auto, CC and student loans! So easy money ( creating credit out of thin air) creation by shadow banking is KAPUT! Good riddance!

]]> By: willid3 http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359614 willid3 Sat, 31 Jul 2010 16:41:54 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359614 i think it just means that the former buyers (investors aka suckers) learned that wall street was selling junk, and the rating agencies were useless, and a lot buyers who are restricted in what they can buy (think pensions, 401k funds) have less money to invest, and maybe their regulators aren't buying the rating scam any more and wanting more proof? with investors out, and the others unable to participate any more, the originators are stuck keeping the loans. only mortgages have any help, the GSE's still buy, just maybe not so much i think it just means that the former buyers (investors aka suckers) learned that wall street was selling junk, and the rating agencies were useless, and a lot buyers who are restricted in what they can buy (think pensions, 401k funds) have less money to invest, and maybe their regulators aren’t buying the rating scam any more and wanting more proof? with investors out, and the others unable to participate any more, the originators are stuck keeping the loans. only mortgages have any help, the GSE’s still buy, just maybe not so much

]]> By: ToNYC http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359481 ToNYC Sat, 31 Jul 2010 13:12:29 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359481 Invented Credit used to rule the world, now our castles are discovered to stand on pillars of salt and and pillars of sand...Viva la Vita Invented Credit used to rule the world, now our castles are discovered to stand on pillars of salt and and pillars of sand…Viva la Vita

]]> By: nmewn http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359253 nmewn Sat, 31 Jul 2010 02:45:23 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359253 Securitization to subsidization in one giant leap of faith. Securitization to subsidization in one giant leap of faith.

]]> By: Carse http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359179 Carse Sat, 31 Jul 2010 00:32:35 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359179 it means what it states it means; what ever was in the pool has dried up and blown away. it means what it states it means; what ever was in the pool has dried up and blown away.

]]> By: X on the MTA http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359031 X on the MTA Fri, 30 Jul 2010 19:22:43 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359031 @Effective Demand It's all released by the fed. see: http://www.federalreserve.gov/econresdata/releases/statisticsdata.htm @Effective Demand
It’s all released by the fed. see: http://www.federalreserve.gov/econresdata/releases/statisticsdata.htm

]]> By: Sechel http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359017 Sechel Fri, 30 Jul 2010 19:06:45 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359017 Very interesting explanation. find the 166/167 story fascinating. but.. If it's servicing rights the market has responded with new mechanisms. Total Return Swaps emulating IO's Very interesting explanation. find the 166/167 story fascinating. but..
If it’s servicing rights the market has responded with new mechanisms. Total Return Swaps emulating IO’s

]]> By: Effective Demand http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359013 Effective Demand Fri, 30 Jul 2010 19:01:24 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359013 It does appear to be mostly the accounting change, here is where I think that money that disapeared went: http://research.stlouisfed.org/fred2/series/TOTALCB?cid=101 It does appear to be mostly the accounting change, here is where I think that money that disapeared went:

http://research.stlouisfed.org/fred2/series/TOTALCB?cid=101

]]> By: Mannwich http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359010 Mannwich Fri, 30 Jul 2010 18:54:50 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359010 LOL KD. I just noticed the cliff diver! Perfect. Where's Evil when you need him? LOL KD. I just noticed the cliff diver! Perfect. Where’s Evil when you need him?

]]> By: Effective Demand http://www.ritholtz.com/blog/2010/07/total-securitization-of-consumer-loans/comment-page-1/#comment-359009 Effective Demand Fri, 30 Jul 2010 18:54:45 +0000 http://www.ritholtz.com/blog/?p=57861#comment-359009 Is there an equivalent graph for Mortgages, Helocs and all other loan products? I think that'd be a better graphic (probably looking identical but the scale would be different) this is "only" 700 billion at the peak. I'd love to see the real number for all securitized products. Is there an equivalent graph for Mortgages, Helocs and all other loan products? I think that’d be a better graphic (probably looking identical but the scale would be different) this is “only” 700 billion at the peak. I’d love to see the real number for all securitized products.

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