Mortgage Resolution Partners

  • From up here, Richmond, CA, seems to be a peaceful town much like any other. But look closer and you will find etc. etc.

    News

    Mortgage Investors Don’t Want Richmond To Take Away Their Mortgages

    The city of Richmond, CA, is trying to use eminent domain to seize and refinance underwater mortgages, and yesterday the trustees of some mortgage bonds holding those mortgages sued to stop them. On its surface the lawsuit is about constitutional law but really it’s about option valuation. To stylize it a bit, the plan is […]

    / Aug 8, 2013 at 1:03 PM
  • News

    Doing Well By Doing Financial Reform

    There’s a thing called socially responsible investing where (1) you invest other people’s money, (2) poorly, (3) but it’s okay because you’re doing it not to make them money but to save the whales, er, penguins, and they like penguins, so they keep paying your fees. This is a good racket as rackets go but […]

    / Jun 19, 2012 at 6:09 PM

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