3 times now in the last 5 days hedge funds have been called out for receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied and that this might create greater risk in times of stress. Why?

by Dismal-Jellyfish Looks like the Nellie Liang description was cutoff–here it is in full: “Staff at FSOC member agencies have been working to improve monitoring systems to identify potential emerging financial stability risks posed by highly-leveraged hedge funds. Work in this regard …

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Simply Unaffordable! Fannie Mae Multifamily Financing Grew 23% … While Home Prices Grew 19.1% And Real Hourly Earnings Fell -2.36% (Rising Mortgage Rates Make The Affordability Problem WORSE)

by confoundedinterest17 Mortgage Orb has the tantalizing headline: “Fannie Mae’s Financing for Multifamily Affordable Housing Grew Over 23%.” At first, this sounds amazing … until you realize how simply unaffordable housing is much of urban/suburban America. If you look at the following chart, you …

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Evergrande’s capital is only ¥3.9 billion, but it leveraged ¥2 trillion of financing loans…. Did China just hit a brick wall?

Conclusion: Evergrande's capital is only ¥3.9 billion, but it leveraged ¥2 trillion of financing loans. Evergrande has no assets to pay off when it'll officially announce bankruptcy liquidation. The large amount of Evergrande dollar debt has actually become toilet paper. …

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Financing a breakaway civilization: A series of scandals involving allegedly counterfeit "bearer bonds" make up the biggest and most under-reported financial story of the 21st century.

by axolotl_peyotl To being with, here’s a brief overview of three essential methodological assumptions of any counterfeiting scheme: One does not counterfeit something that does not currently exist as a medium of exchange, or that is not convertible into it. …

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