tag:blogger.com,1999:blog-19649274.post2619703876378689130..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: Interesting readingsAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-19649274.post-44166621291506742562009-09-01T09:30:02.280+05:302009-09-01T09:30:02.280+05:30securitization is useful, but the overall interest...securitization is useful, but the overall interest rates in an economy have more bearing on the rates the mortgagee has to pay.<br />the PLR in the US BEFORE securitization started in the 70s was much below or comparable to today's rates.<br />check out the rates from 47-70s below<br />http://mortgage-x.com/general/indexes/prime.asp<br /><br />the fact that rates were kept (artificially) benign in the 90s and 2000s doesnt mean that its securitization alone that is so vital.Dsylexichttps://www.blogger.com/profile/03882859273018168075noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-78311710464822660502009-09-01T09:25:20.093+05:302009-09-01T09:25:20.093+05:30what lawyers are going to solve?.for one,the humun...what lawyers are going to solve?.for one,the humungous monopoly of indian lawyers.competition is always good for those who buy services .<br />i dont understand the obsession with WTO.It is hardly about free trade. it is managed trade. trade managed for the myriads of lobbies.<br />unilateral free trade -inspite of protectionist measures in a foreign trading partner is ALWAYS net beneficial to the freer nation.<br /><br />so unless one thinks that lack of competition will keep fatcat lawyers on their feet OR you think that clients of lawyers have a really good time in india, it is hypocritical to raise the old rajul-bajaj style of we-need-protection bogey.Dsylexichttps://www.blogger.com/profile/03882859273018168075noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-12604340929366768472009-08-26T09:52:28.002+05:302009-08-26T09:52:28.002+05:30Exactly right on securitization. The interest rate...Exactly right on securitization. The interest rate risk and prepayment risk is transferred to borrowers instead of bankers, apparent financial experts, managing them in the market! <br /><br />It's not just policy establishment, there are plenty of talking heads and traders who say the same.Chandrahttps://www.blogger.com/profile/04763671243428875888noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-7027272132737774382009-08-26T02:30:30.567+05:302009-08-26T02:30:30.567+05:30Can someone point to what problem these "fore...Can someone point to what problem these "foreign lawyers" are going to solve ? Is usa with 50 bar exams more free than India? why give away our bargaining chips without comprehensive WTO agreement on services.Anonymousnoreply@blogger.com