E*Trade, Revolving Credit, 2011 Chart, Downey’s December, Nationalized, Loan Mods, Bernanke Speech, Are We Japan?, Refis Up, Loan Mod Paper, Texas, What They Are Thinking, Standard Pacific, Daine Swonk, Credit Cards

.

E*Trade Takes Steps - To Scale Back on Risk - … stop providing trading services to institutional clients and sold off an additional $3 billion in securities … WSJ 

————
good chart - Revolving credit and home prices - Revolving credit (mostly credit card debt) has been on the rise lately now that the home equity ATMs for many Americans have stopped dispensing cash. -    themessthatgreenspanmade.blogspot.com  

————
good charts - Housing Futures Suggest Recovery Won’t Be Seen Until 2011 -   housingwire.com 

————
Downey Financial December Defaults and Trustee’s Sales - by Colin Peterson - seeking alpha

————
Ready for U.S. Banks To Be Nationalized? - Michael Panzner - seeking alpha

————
Analytical Case for Loan Modification Reported in FDIC Quarterly  -  Study on Feasibility of Voluntary Excess Deposit Insurance also Featured. - FDIC Quarterly 

————
Speech -  Chairman Ben S. Bernanke -  Financial Markets, the Economic Outlook, and Monetary Policy  -  FED    

————
are we Japan? - Scary Tidbit  - Thanks Naked Capitalism and a friend 

————
Refi Volume Soars: Who Benefits? -  by Michael Shedlock -  globaleconomicanalysis 

————
Paper - “The Case For Loan Modification”  8 pages - thanks Ira Artman -  FDIC 

————
Texas Paper -  Review of Texas RE Markets - thanks Ira Artman  - U Texas at Austin 

————
What Are They Thinking? - John Mauldin’s Weekly E-Letter  -  frontlinethoughts 

————
Is Standard Pacific Contemplating Bankruptcy? -  housingwire

————
Diane Swonk’s Themes on the Economy - January 2008 -  Mesirow 
————
Credit Card Debt Soars as House Prices Plunge - The current rate of house price decline will destroy $2.2 trillion of wealth this year. - Dean Baker - CEPR.net