So yesterday you found out that your bank may not actually own your mortgage anymore (even though they still "operate the storefront"). And you know that this amazing …
Continue Reading about So what IS a Mortgage-Backed Security? (MBS) →
Do you know who owns your mortgage? You probably don't…
Similar to the capital markets, there exists a "primary" market for mortgages and a "secondary" market as well. You will be very familiar with the primary …
Continue Reading about Do you know who owns your mortgage? You probably don't… →
What is the "Beta" of a portfolio?
Beta is a term used to measure the correlation of volatility of a portfolio against the index in which it resides. The market has a Beta of 1 since it IS the market. Your …
Have you ever wondered where the word "Mortgage" came from? It’s actually quite interesting!
It's a strange word when you sit down and think about it - doesn't seem to have any apparent roots like most other words. Mind you, no one probably thinks about it being a strange …