Affecting Consumers: Bankruptcy Put Option, Resetting, Apartment Vacancy, FHA Down Payment, Detroit Stimulus
Posted by: in Mortgage Loan News, tags: Apartment Vacancy, Blog, Consumers, Credit Risk, Declaring Bankruptcy, Detroit News, Excerpt, Fha, Financial Innovation, Household, Money, News Sources, Put Option, Put Options, StimulusNews Sources wrote an interesting post today on
Here’s a quick excerpt
Constitutional Financial Innovation – Bankruptcy is a put option – interesting idea. – Rortybomb – … I honestly don’t see a net difference between a household declaring bankruptcy and a household collecting money on a put options it has written on itself. You are being charged for credit risk by the people who lend to you; you are already paying the fee for having this put option. … – Rortybomb Blog ———— A Look Ahead To the Great Resetting – By Dina ElBoghdady – … Abo
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