posted by Bill Coppedge

Economic Fundamentals Slipping Away - U.S. Building Market Intelligence - realestateconsulting.com 

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JPMorgan Chase CEO:Subprime Finanical Mess Cleanup 50% Done - CNNMoney.com 

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Anti-Gravity Interest Rates - … When this emergency is over, and it will eventually be over, we can expect the Fed not to repeat the same mistake, if that is what it was. I would expect that when the Fed determines that the banks and money markets are once again functioning normally, they will normalize at a very proactive pace. … -  Myron Shlapak  seeking alpha
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Countrywide’s Last Monthly Report: Countrywide released its operating results for February, and said this would be its last monthly update. … going forward will provide operational results on a quarterly basis only … Fundings and foreclosures were up; applications were down. -  Corporate IR 

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One Dozen Notes on Our Crazy Credit Markets - David Merkel - The Aleph Blog 

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Scary Stat of the Day: Roubini Calling for $1 Trillion-$3 Trillion in Losses - Trader Mark - fundmymututlfund

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6 signs of a housing recovery - Shelly K. Schwartz - thanks Ira Artman - Bankrate.com 

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has details - ‘Jumbo-conforming’ rules could trip up homeowners - Holden Lewis - thanks Ira Artman -  Bankrate.com

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The Fed’s New Role as Pawnbroker - references TAF, Paul Krugman, Steve Waldman - Michael Shedlock  -  seeking alpha

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Mortgage Rates and Inflation: The Real Story -  Economist Danielle Hale gets to the bottom of the connection between mortgage rates and inflation.  - thanks Ira Artman - NAR 

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FINRA Warns on Reverse Mortgages - Paul Jackson -  housingwire

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Finding Our Footing - Diane Swonk’s Themes on the Economy - Meiserow

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What are Broker’s Exposure to Carlyle Capital ? - … Here’s one set of numbers currently circulating on the potential exposure (analyst unknown … - The Big Picture 

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End in sight for subprime losses, says S&P -  … The prediction, which helped cheer stock markets, represents a bold call as banks continue to be gripped by concerns about further losses, and Wall Street banks prepare to unveil their first-quarter results next week. … - FT.com 

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Sweeping changes of appraisal system in the wind - Chicago Daily Herald

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Don’t Mark to Markit - The king of credit indices casts doubt on its own products. - Economist Staff - CFO.com 

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Trading FHA Guarantees for Write Downs gets Congressional Support -  Click Broker

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Leverage Wipes Out Carlyle Capital -  globaleconomicanalysis

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February US Foreclosures Rise 60 Percent From a Year Ago - RealtyTrac’s U.S. Foreclosure Market Report shows foreclosure filings – default notices, auction sale notices and bank repossessions – were reported on 223,651 U.S. properties last month, down four percent from January but rising nearly 60 percent from February 2007. -  riskcenter.com free reg. 
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Sub-Prime Write-Downs more than 50% done: Are Write-Ups Coming Next? - The Inquisitive Mind 

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Mortgages: Will Paulson’s Plan Fix the Mess? - BusinessWeek 

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Irwin Financial Corporation Announces Filing of 10-K and Update of Fourth Quarter Results 

- Net Losses in Fourth Quarter of $26 Million and in 2007 of $55 Million
- Book Value of $15.22 Per Share, 2% Lower Than Previously Announced Results
- First Quarter Outlook Updated to Reflect Anticipated Modest Loss Due to Weak Economic Conditions
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Frank Proposes $300 Billion to Fund Short-Refis - House Financial Services Committee Chairman Barney Frank on Thursday announced new legislation that represents Capitol Hill’s latest attempt to stem a significant… - Paul Jackson - housingwire 

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start after page 28! - Don Coxe Basic Points February 2008 (from Laura Stephens)  - Basic Points: The Music of the Metal Markets (February 19th, 2008) - courtesy of  Please-dont-take-me-seriously     thanks to Ira Artman for this
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Speech:  Chairman Ben S. Bernanke - Fostering Sustainable Homeownership - FED

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Fundamentals Holding in Commercial Real Estate -  Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors®. -  thanks Ira Artman - NAR