(c) 2008 Ira Artman
[Prior] STERLING SLIVERS -  Learning Curves [Opening Forecast Theme]
Today’s post  (*) will do three things:
1. Review the National Activity Index’s (“NAI”) ability to identify the
    starting date of recent recessions; 
2. Discuss how the yield curve can predict recessions; and
3. Show that if a recession did begin in the fall of 2007 (as […]

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U.S. Mulls Widening Bailout to Insurers - DEBORAH SOLOMON and LESLIE SCISM - The Treasury Department is considering buying equity stakes in insurance companies, a sign of how the government’s $700 billion rescue program could turn into a piggy bank for a range of beleaguered industries….  MetLife Inc. and Prudential Financial Inc., two of the […]

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  longer than usual today - back from MBA Conference - BC
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Banks Interested in Deal, Paulson Says - Peter Whoriskey - The federal proposal to invest $250 billion in financial institutions has drawn ”interest from a broad group of banks of all sizes,” Treasury Secretary Henry M. Paulson Jr. said - Washington Post
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Credit picture brightens […]

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Running With the Devil - Inside the Bailout: What We Get vs. What We Need - by Lisa Marquis - has 4 points we know, and 4 points of reactions unknown - John Burns RE Consulting
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Our Choice - Nouriel Roubini - A nasty two-year recession or an ugly 10-year depression? - Forbes
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Northern Trust bids to […]

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1.  Credit event auctions set for Fannie Mae and Freddie Mac - … Markit and Creditex will be conducting four credit event auctions in relation to the settlement of CDS contracts referencing Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) on October 6.  … - Hedge Funds Review

2.  Fannie, […]

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New Reverse Mortgage Loan Limits Update - John Yedinak - The National Reverse Mortgage Lenders Association (NRMLA) just sent out an email confirming that the new HECM loan limit will be $417,000.  Right now the target date is November 1st, but this is not a set deadline, just a target date.  - Reverse Mortgage Daily
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Bair […]

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