Bronte Capital
The sometimes eccentric views of John Hempton
Tuesday, August 12, 2008
Recollections of Alt-A
›
There has been a lot of chat in the blogosphere about the real nature of Alt-A loans. Tanta has a brilliant post – and his recollection ...
4 comments:
From the comments - property prices on the California beach
›
In the comments someone was wondering if they were mad paying $450 a square foot for a house a few blocks from their favourite California su...
1 comment:
Monday, August 11, 2008
Estimating losses for prime mortgage books
›
I am struggling here with the modelling of prime and conventional mortgage losses. It matters because I am short Magic ( see post ). Bu...
8 comments:
Some corrections on statutory capital requirements
›
With one reader I have started modelling the statutory capital requirements of Magic. In the process I discovered that my understanding of ...
Saturday, August 9, 2008
Another blog milestone
›
This is the 101st post on Bronte Capital. I missed the hundredth. On the fiftieth post I noted blog milestones. Here I will update them: ...
1 comment:
From the comments: more on Magic
›
One of the reasons why I love doing this blog is that smart people disagree with me and send me emails. And I am not wedded to any positio...
Friday, August 8, 2008
One email comment - about reserving at MTG
›
The GAAP reserving rules for mortgage insurers are very strange - almost prohibiting them taking reserves for anticipated defaults (except t...
7 comments:
Do you believe in Magic? [Fannie Mae part IA.]
›
This post has a couple of purposes. Firstly it is interesting in its own right – but more importantly it is key to understanding Fannie Ma...
6 comments:
Covered bonds as a panacea – or a recipe for the FDIC to kick in more taxpayer money
›
I am getting jaundiced in the banks pushing covered bonds as the panacea for the housing market and the journalists who buy it. This sto...
Thursday, August 7, 2008
From the comments:
›
Paul left a comment on my “ what if it was fraud ” post: I live in California and work in finance. I took on a pro-bono "client"...
3 comments:
‹
›
Home
View web version