Loan Origination down – Is TARP Still Working? – Michael Maiello, – …  New loan origination at banks that received Troubled Asset Relief Program assistance from the U.S. Treasury slipped 7% between the end of April and the end of March, reports the Financial Services Roundtable, a lobbyist organization [...]

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To Our Clients, Colleagues and Friends, 

In 1995, the Dodgers gave away thousands of baseballs to fans coming to the game.  When Tommy Lasorda was thrown out for arguing with the umpire in the first inning, Dodger fans began throwing thousands of baseballs at the opposing players on the field. Things calmed down and the baseballs [...]

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  The inflation-deflation debate continues – Tim Iacono – … CNN/Money files this report on their views regarding the raging inflation-deflation debate. … During a recent speech, money manager Van Hoisington, president of Hoisington Investment Management, asked his audience of sophisticated investors to raise a hand if they thought inflation [...]

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  1.  U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.1 PERCENT PRICE DECLINE FROM MARCH TO APRIL – FHFA Press Release 2.  FANNIE MAE AND FREDDIE MAC LOAN MODIFICATIONS UP BY MORE THAN 50 PERCENT IN FIRST QUARTER MONTHLY  PAYMENTS REDUCED FOR HOMEOWNERS – FHFA Press Release  ———— [...]

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