Probably over the next couple of weeks/months we will read about
firms that had MBS and over leveraged, The fed buying bonds
and backstopping has created significant losses to mortgage firms
that sell puts as insurance against the originated mortgages (I
might not be 100% accurate on this but there is something going on
in that space that has created significant margin calls from what I
have read).
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Probably over the next couple
DAX made it down to major support, cannot rule it ...
Posted by ssaffer on 2nd of Apr 2020 at 01:22 pm
Probably over the next couple of weeks/months we will read about firms that had MBS and over leveraged, The fed buying bonds and backstopping has created significant losses to mortgage firms that sell puts as insurance against the originated mortgages (I might not be 100% accurate on this but there is something going on in that space that has created significant margin calls from what I have read).