2010/10/20

US Banking industry haze has not dispersed

The American Bank announced that restarts 23 states to stop redeems the procedure, in addition the American flag group announces surpasses the anticipated achievement, make bank stock the company falls three days later bounces, and leads the American three big stock indices to turn red. But revolves the American Banking industry's haze not to diverge completely.   

Morgan passes the MBS analyst to indicate greatly in October 15 report, the bank reason buy-back violation's home loan has not produced the loss amounts to possibly reaches as high as 55,000,000,000 - 120,000,000,000 US dollars. Although related stops the news which redeems blotting out the sky temporarily, but stops redeems the question is mainly “the procedure aspect question, can be solved, but the buy-back loan's risk possibly is the most major problem which the bank faces”.   

Morgan passes the analyst to say greatly that some 2,000,000,000,000 US dollars loans already broke a contract or have the possibility to break a contract, occupy the US from 2005 6,000,000,000,000 US dollar mortgage loans which and the house rights and interests loan to 2007 total provides 1/3. The violation loan military order banking industry, two, the bond investor and the underwriter altogether suffers 1,100,000,000,000 US dollars losses.


This line of estimates, the banking industry is compelled the loss which because of the loan defaults the buy-back loan possibly suffers, some 23,000,000,000 to 35,000,000,000 US dollars from supports the organization to the government like “two” the sell or the loan which guarantees by these organizations; 40,000,000,000 to 80,000,000,000 US dollars supports organization from the non-government the mortgage loan, 20,000,000,000 to 31,000,000,000 US dollars from house rights and interests loan.   
In fact, the analyst the estimate which possibly sustains a loss regarding the bank is inconsistent. The excellent analyst thought that the worst situation suffers 84,000,000,000 US dollars losses. The Deutsche Bank analysts said in last week's memoir that loses the existence very big uncertainty finally regarding the mortgage loan buy-back, moreover is unable to know for certain for a period of time, but the bank also has the time to digest the loss.   
German silver analyst believed that the American Bank, Morgan pass the risk which undertakes with the rich country bank to be biggest greatly. The Bakelai capital's statistics revealed that these three banks add on the Citibank to control American Fang Dai to sign and issue and to receive money the market 55% shares. If the borrower breaks a contract, these banks are responsible to stop redeem the procedure.
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