{"id":198815,"date":"2007-10-07T23:47:00","date_gmt":"2007-10-08T04:47:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/07\/2007-mortgage-backed-bonds-go-belly-up-at-unprecedented-rate\/"},"modified":"2007-10-07T23:47:00","modified_gmt":"2007-10-08T04:47:00","slug":"2007-mortgage-backed-bonds-go-belly-up-at-unprecedented-rate","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/07\/2007-mortgage-backed-bonds-go-belly-up-at-unprecedented-rate\/","title":{"rendered":"2007 Mortgage Backed Bonds Go Belly Up at Unprecedented Rate"},"content":{"rendered":"<p>One trader said that <a href=\"http:\/\/www.philly.com\/inquirer\/business\/20071005_07_mortgage-backed_bonds_even_shakier.html\">&#8220;Anything securitized in 2007 has got to have the worst collateral performance of any trust I&#8217;ve seen in my life,&#8221;<\/a> which is truly alarming, since teaser rates and similar incentives <span style=\"font-weight:bold;\">are still in effect<\/span> for these financial instruments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One trader said that &#8220;Anything securitized in 2007 has got to have the worst collateral performance of any trust I&#8217;ve seen in my life,&#8221; which is truly alarming, since teaser rates and similar incentives are still in effect for these financial instruments.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973,1265],"tags":[],"class_list":["post-198815","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy","category-housing-crash"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198815"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198815"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198815\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}