CAR Forecasts 24% Price Drop for California Houses - Jonathan Lansner - seeking alpha
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Why Inflation is Lower Than You Think - Felix Salmon - In one of the smartest pieces of linkbait I’ve seen in a very long time, David Leonhardt today not only defends the CPI, but even says it’s overstating inflation … - portfolio.com
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Housing’s Reliance on Fannie Mae, Freddie Mac Poses Risks - The New York Times examines the extent to which the US housing market is dependent on Fannie Mae and Freddie Mac, and wonders whether a further decline in house prices could put the government-sponsored enterprises in deep trouble…. - Research Recap
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What is Countrywide Worth? - … My view then and now is that CFC is a zero barring a government intervention/giveaway like the Bear Stearns deal … - creditbubblestocks
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Will taxpayers be on the hook for subprime crisis? - Mark Trumbull - Federally linked entities like Fannie Mae now back 98 percent of home loans sold by banks. … Christian Science Monitor
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Downey Financial Reports Higher Incidence of Delinquency When Minimum Payments Reset - … our loans held for investment that have not been modified but had first time payment recasts since December 31, 2006, of which 36.1% were delinquent 30 or more days at March 31, 2008.” … - <a href="http://www.creditbubblestocks.com/2008/05/downey-financial-reports-