Entries from May 2010

Your Government: GSEs, State finances, 2 Barney Videos, Kevin LaCroix, Revolt, Derivatives and Banks, Obama Geither ‘Man-Crush’, Global Obama, Moodys AAA US, Bruce Krasting, CRA, Detroit Bulldozers, Antioch CA

May 31st, 2010 · No Comments

  Reforming Fannie and Freddie: No Escape for Taxpayers – Daniel Indiviglio – … One proposal comes from Georgetown Professors Donald B. Marron and Phillip L. Swagel via a piece at economics21.org. The idea is interesting, as it intends to create a way for the government to [...]

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Tags: Mortgage Market

The Garrett, Watts Report (May 30, 2010, a pretty good issue)

May 31st, 2010 · No Comments

the-garrett-watts-report-may-30-2010-a-pretty-good-issue

 

 

To Our Clients, Colleagues and Friends,

We’re half way through the history of the Bank of America, and we’ll share some of what we’ve learned over the next several weeks. One thing we didn’t know was how much the bank grew through acquisitions. A.P. Giannini bought up just about every bank he could get his hands [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

Weekend Reading: Tax Rise Coming (3), Matt Taibbi on Lobbyists, White House Jester

May 30th, 2010 · No Comments

  great summary – Taxes, Taxes, Taxes… – Posted by Larry Doyle – Uncle Sam wants your money. In fact, Uncle Sam needs your money. How is he going to get it? Any way he can. …  These details are highlighted in a recently released Credit Suisse [...]

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Tags: Mortgage Market

Realtors Forecast End of Falling Prices While Inventory For-Sale Approaches Peak Crash Levels – by Michael David White

May 29th, 2010 · 1 Comment

  by Michael David White New Observations estimates excess inventory for sale equals 1.4 million units with over 4-million homes on-the-block, a figure hovering just 11 percent below peak-crash inventory, while at the very same time the realtors’ chief economist forecast Monday that “the housing price correction appears [...]

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Tags: Mortgage Market