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by adamj1001
March 11th, 2009, 2:35 pm
Forum: General Forum
Topic: AIG / AGF
Replies: 0
Views: 41589

AIG / AGF

Does American General Finance have access to FDIC funds?Does AIG provide parental guarantee to American General Finance?I recall hearing in a conference call that American General is not guaranteed by AIG. Can someone confirm this?
by adamj1001
February 24th, 2009, 12:59 pm
Forum: Student Forum
Topic: Interest rate swap early amortization triggers and severe downgrades
Replies: 3
Views: 42881

Interest rate swap early amortization triggers and severe downgrades

<t>Appologies for not being more clear.For ex: say, senior tranches in a Home equity loan which is backed by second lien collateral gets significantly downgraded, and goes from an orig rating of Aaa to a current rating of Ca, what can/does a desk do to monitor these transactions?and where can you fi...
by adamj1001
February 23rd, 2009, 10:44 pm
Forum: Student Forum
Topic: Interest rate swap early amortization triggers and severe downgrades
Replies: 3
Views: 42881

Interest rate swap early amortization triggers and severe downgrades

<t>What triggers early amortization in an Interest Rate Swap? Granted they will vary based on the deal,(i.e., big rise in defaults on underlying loans, sharp drop in credit enhancement level, bankruptcy of the originator, etc) where can one find out what the deal specific triggers are for early amor...
by adamj1001
February 18th, 2009, 12:59 pm
Forum: General Forum
Topic: MTM on Interest Rate Swaps
Replies: 4
Views: 51164

MTM on Interest Rate Swaps

<t>Hi everyone,I'm trying to figure out what the relation of paying fixed to floating is for Interest Rate Swaps. Is the Mark-to-market higher when a counterparty pays a fixed rate or when a counterparty pays floating?I know the MTM will change as the market moves based on market variables such as c...