thought provoking – Video on the Dollar, G-20, and Gold from CNBC - Jim Sinclair’s Mineset ————Written in 1953 and just as true today – Gold vs Paper - by Ludwig von Mises – on fiat money and inflation – Mises Daily ———— [...]
Entries from September 2009
Market Related: Dollar Video, ASF Mortgage Code, Japan & US Rates, Oil Volatility
September 29th, 2009 · No Comments
Tags: Mortgage Market
Government & Politically Connected: Barney Interview, Subprime, Public – Private, Restart MBS, FNMA Underwriting, Acorn – Banks, World Bank on Fed, TBTF = Too Dumb To Pass
September 29th, 2009 · No Comments
READ THIS – quite interesting – great questions – An Interview With Barney Frank – by Ezra Klein – sample: What’s the most important part of financial regulation? A. Limiting securitization. I believe the single biggest issue here is that people invented ways to lend money without worrying if [...]
Tags: Mortgage Market
FHA chatter; News from MERS, Wells, Flagstar; Home price index not as bad as feared
September 29th, 2009 · No Comments
As my grandfather used to say, “If you find yourself in a hole, the first thing to do is stop digging.”* Apparently the folks at Sunwest Bank, out of Tustin, CA, felt the same way. Clients received a letter saying, “I regret to inform you that as of October 2, 2009, Sunwest Bank will be [...]
Tags: Commentary · Mortgage Market · Rob Chrisman
Credit Suisse: Covered Bonds are “Fantastic Source of Money for Banks”
September 29th, 2009 · No Comments
September 29 marked the second day in a row that the Wall Street Journal online has run a story on the covered bonds boom.
The theme of the second article (by Mark Brown of Dow Jones Newswires) is that there are “no signs of a slowdown,” even after last week’s huge Jumbo issuance, which might have [...]
Tags: Mortgage Market




