VIDEO: Take A Load Off Fannie - youtube
————

has case details - Subprime Litigation: A Glimpse of the End Game? - Kevin LaCroix - The 2007 settlement of an Ontario securities class action may suggest the eventual direction of many of the lawsuits in the current subprime and credit crisis-related litigation wave. Even though the lawsuit […]

[Read more →]

 
Bernanke looks for new regulatory approach - Mark Felsanthal - U.S. Federal Reserve Chairman Ben Bernanke’s suggestion that financial supervision be revamped to take into account the health of the entire system is a logical response to recent market turmoil, but may be a difficult concept to execute.  - Reuters
————

Kenneth Harney: Is it appraisal business […]

[Read more →]

    
Financial Innovation Amplifies Systemic Liquidity Shocks - A new Working Paper from the International Monetary Fund finds that increasing financial integration and innovation can make market and funding liquidity pressures readily turn into issues of insolvency. - Research Recap 
————

Long but fascinating - Section 8 Vouchers? - American Murder Mystery - Hanna Rosin - Why […]

[Read more →]

Central Banks and Agencies - John Jansen -  I wrote a lengthy piece yesterday about the diminished bid for agency paper in the Central Bank Community. Brad Setser posed the pertinent question and wanted to know where the money that was not being spent in agencies was being invested. - Across the Curve
————
HOW LOW BEFORE […]

[Read more →]

 
A Sad Forecast for American Home Holders - Once-huge mortgage lender sees bankruptcy payments of 5.9 cents for each unsecured dollar. - Stephen Taub - CFO.com 
————
    
MBIA’s 2Q Dazzling Results: What Is ‘Adjusted Book Value,’ Anyway?  - A quick definition, mostly jargon-free  - Thomas Brown  - bankstocks.com
————

Freddie Mac’s bond sale underscores severity of crisis - […]

[Read more →]

Credit Default Risk Chart - also has comments - Bespoke Investment Group
————

Will Your Home Heating Bill Be Higher or Lower This Winter? - also has comments - Bespoke Investment Group 
————

How much is a college degree really worth?… REASON - NCPA.org 
————

scary chart - U.S. Structured Finance Newsletter - Personal Bankruptcy Filings on the Rise - thanks […]

[Read more →]