This past Saturday morning, I awoke circa 4:30am, and sluggishly made my way to my car enroute to meet some fellow gym rats at a local parking lot. The 16 of us piled into 4 cars and embarked on a trip we all had been talking about for months on end. What lay ahead was a 5.2 mile all-terrain 36 …
Economics
Why Do Banks Sell Mortgages?
One common question I've gotten recently has been around mortgages. "Why did my bank sell my mortgage? I want to find a bank that holds onto my loan." While this may be a big deal to someone who is shopping around to refinance, it's rather insignificant so a high-level overview is all that's …
iBanker Market Update (Finale)
The Impending Fiscal Cliff The political season - always a source of amusement and certainly a catalyst of volatility - has been largely ignored by the market thus far. Perhaps once a Republican candidate emerges from the primary wasteland, the market will begin to fully appreciate the …
iBanker Market Update (Part 3): VIX Vapor Rub
An Under-Appreciation Of Risk In the current marketplace buffeted by extraordinary amounts of liquidity both from the Fed and the ECB, it can be difficult to ascertain the real risk embedded in the current marketplace. The valuation and measure of risk is even more difficult when the sources of …
iBanker Market Update (Part 2)
Liquidity Is Not The Same As Solvency It's more than troubling to think that the market has essentially been focused on the same underlying issues surrounding the Eurozone for over two years now. Despite the prolific liquidity facilities aimed at both the European banking system and Greece, the …
Are The Unemployed Employable?
I have read that the two most difficult situations to deal with emotionally are losing a child and losing a job. I, thankfully, haven't had to experience either so I consider myself extremely fortunate. Unfortunately, many others cannot say the same. Unemployment has been a hot topic over the …
Market Update: Whatcha Snow About That?
The snow season thus far in Colorado has been a bit of a mixed bag. The start of the season was horrendous and conditions did not start to improve until about three weeks ago. But even when there was fresh powder, it was skied off the mountain quickly unless you knew where to find the "hidden …
