Tracking a Toxic Mortgage Security

In: Finance Housing Interactive US Economy

19 Mar 2010

A fantastic look at what owning one of these assets looks like. NPR’s Planet Money bought a $1000 mortgage bond and is tracking it’s performance. You can view how many payments they’ve received versus how many properties in their portion of the bond have been sold at a loss. Related article. (via Vizworld)

image

There’s also a cute simple explanation video:

image

Comment Form

You must be logged in to post a comment.