Comments on: Subprime RMBS: Expected Credit Losses vs Mark to Market Losses http://www.aleablog.com/subprime-rmbs-expected-credit-losses-vs-mark-to-market-losses/ Alea Jacta Est Wed, 20 Aug 2008 17:03:59 +0000 http://wordpress.org/?v=2.6.1 By: 49.5 http://www.aleablog.com/subprime-rmbs-expected-credit-losses-vs-mark-to-market-losses/#comment-1124 49.5 Fri, 02 May 2008 11:13:27 +0000 http://www.aleablog.com/?p=855#comment-1124 Chart A is unintelligible and probably tripe. Chart B is the market gradualy hoisting in how bad it is going to be. Bit of a blooper by the BoE. There will be hell to pay. Chart A is unintelligible and probably tripe.
Chart B is the market gradualy hoisting in how bad it is going to be.

Bit of a blooper by the BoE. There will be hell to pay.

]]> By: ronan http://www.aleablog.com/subprime-rmbs-expected-credit-losses-vs-mark-to-market-losses/#comment-1115 ronan Thu, 01 May 2008 13:07:41 +0000 http://www.aleablog.com/?p=855#comment-1115 An interesting facet of the mark to market of the AAA tranches is that with house prices falling less people are likely to prepay their mortgage since they are likely to be underwater. This will extend the duration of the tranche massively, explaining a decent amount of the mark-to-market losses. thx for a great blog, and srry if this is teaching a grandmother to suck eggs - came as a surprise to me when i heard about it. An interesting facet of the mark to market of the AAA tranches is that with house prices falling less people are likely to prepay their mortgage since they are likely to be underwater.

This will extend the duration of the tranche massively, explaining a decent amount of the mark-to-market losses.

thx for a great blog, and srry if this is teaching a grandmother to suck eggs - came as a surprise to me when i heard about it.

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