unsustainable … – U.S. Fiscal Policy After the Financial Crisis and Recession – …. Given current law and certain changes to that law that are broadly supported by the Administration and Congress, the budget deficit and debt are on a worrisome path—unsustainable in the long [...]

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What are mortgage bankers grappling with as we proceed through 2010? Buybacks continue on, both from the agencies and large investors, and firms will continue to deal with this (and reserving for them) for years to come. A possible requirement to hold up to 5% in capital of any loan securitization has been mentioned, but [...]

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    worth reading : V-shaped explosion – By Martin Hutchinson – … Yet commentators should be careful what they wish for: a V-shaped recovery is likely to lead not to a prolonged period of healthy growth, but to an economic explosion and collapse. … In [...]

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  This Bailout Is a Bargain? Think Again – by GRETCHEN MORGENSON – IT’S way too early to tally the costs of the government’s various efforts to help our nation’s financial institutions survive the credit debacle. But that hasn’t stopped anonymous Treasury officials from claiming in recent [...]

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