Defining Mark-to-Market
Rich Berg walks us through the common definitions involved with Mark-to-Market. Take a look below:
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Rich Berg walks us through the common definitions involved with Mark-to-Market. Take a look below:
If you enjoyed this post, make sure you subscribe to our RSS feed!
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No, no, no…bring Mark-To-Market back BUT take out the rule of demanding more funds from homeowner if the value decreases. It should come back (the value). The banks have to pay to play, I mean they (just about all of them) take much much worse scary bets on other things all the time. The argument in the above video is ridiculous. -skewed, if you will.
That was probably the best MTM explanation I have heard. Congress, as well as the general public, need to hear the mortgage analogy. Most people have no idea what MTM means or how it affects the system. This simple analogy could go a long way toward giving everyone a basic understanding of what is happening.
FINALLY!!! I am a commercial banker who was responsible for Capital Adequacy reporting for my bank in the earlier stage of my career. I have been extremely FRUSTRATED at the complete lack of attention and discussion regarding Mark-to-Market and how easily its repeal could SAVE our economy. The longer we wait, the less impact it can have and the more damage it will cause to our financial sector. It is ABSOLUTELY KET to repair of this economy, having been the ABSOLUTE CAUSE of its demise!! Damn the demonrats!! Up with Conservative, free market solutions!!!!
THANK YOU. THAT felt great
!
P.S. particularly LOVE your $400k mortgage analogy!!
Jim- Thanks for the feedback. You can enter your zip code above and link through to your Congressman and Senators. Tell them what you think (call or email). Get involved. Spread the word!
Brian
THAT WAS ABSOLUTELY THE BEST, CLEAREST EXPLANATION OF MARK TO MARKET ACCOUNTING I’VE EVER SEEN. I’M A REAL ESTATE BROKER IN DENVER AND WOULD LOVE TO HAVE THIS SENT TO EACH MEMBER OF SENATE AND HOUSE OF REPS. IN WASHINGTON.