teodesian.net http://teodesian.net//posts/3bfd3856-13f5-11ec-bdd7-c03bc428fcd9?format=xml teodesian.net : /posts/3bfd3856-13f5-11ec-bdd7-c03bc428fcd9 en 2026-04-06T10:22:50 2026-04-06T10:22:50 teodesian.net /favicon.ico http://teodesian.net 32 32 teodesian.net favicon Krieger: Are U.S. Taxpayers Now on the Hook for Risky Wall Street Real Estate Backed Bonds? http://teodesian.net/posts/3bfd3856-13f5-11ec-bdd7-c03bc428fcd9 Spoiler Alert

...Seriously though, this doesn't sound familiar at all:
Fast forward a few years, and private equity is frantically packaging these real estate rental properties into bonds. In order to value the real estate collateral you need some sort of appraisal, but the normal process of actually looking at properties is seen as too costly and time consuming, so market players are cutting corners by using “broker price opinions,” or BPOs.
]]> teo http://teodesian.net/posts/3bfd3856-13f5-11ec-bdd7-c03bc428fcd9 2017-05-09T21:11:16 Krieger: Are U.S. Taxpayers Now on the Hook for Risky Wall Street Real Estate Backed Bonds? http://teodesian.net/posts/1494364276 Spoiler Alert

...Seriously though, this doesn't sound familiar at all:
Fast forward a few years, and private equity is frantically packaging these real estate rental properties into bonds. In order to value the real estate collateral you need some sort of appraisal, but the normal process of actually looking at properties is seen as too costly and time consuming, so market players are cutting corners by using “broker price opinions,” or BPOs.
]]> teo http://teodesian.net/posts/1494364276 2017-05-09T21:11:16