Lots of Charts:  More fun with the S&P Case-Shiller Home Price Index -   themessthatgreenspanmade.blogspot.com 

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Bond Guru Bill Gross on the Housing Crisis. “The housing decline is really a function of people not buying homes as well as people trying to get out. The old ARM is basically being shunned, so affordability rests on the 30-year mortgage … -  US News

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Top HECM Lenders in 2008  -  Reverse Mortgage Daily 

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E*Trade Financial: Great Company, Great Bargain - by Barry Deen -  seeking alpha

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Exposures at Default: Wachovia and Washington Mutual - bu Christopher Whalen - The Institutional Risk Analyst

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Housingwire’s PJ is at the ASF Conference and posts the following:
1.  ASF Update: Rating Agencies Take a Beating
2.  ASF Update: Really, Really Bearish on Housing
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Countrywide’s Wild Ride -  Bank of America chairman and CEO Kenneth Lewis says the deal’s still on. -  US-Banker 
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PAY AS YOU GO - thanks Jeff W - Economy Fitful, Americans Start to Pay as They Go -  NY Times

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What the Housing ‘Apocalypse’ Prophets Aren’t Revealing -  Ben Holdsworth - seeking alpha

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What’s in store for global banking - Banking around the world may now be passing through a major cyclical correction, but McKinsey research suggests that the industry’s revenues and profits will double by 2016. -  McKinsey Quarterly free reg. 

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video  http://www.wellcomemat.com/video/31653167D1  Where are we in this housing down cycle? - -  InmanTV:

Barry Ritholtz offers insight on current market conditions - Inman
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Clayton Holdings and Experian to Develop Products, Services for Servicers and Capital Market -  First Offerings Will Focus on Turnkey Loan Modifications -  PRNewswire-FirstCall CNN 

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As HELs Tank, First Am Pulls out Second-Lien Scoring System  -  housingwire 

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from ASF Conference: United Capital’s Devaney Says a Major Bank May Fail (Update1) - … John Devaney, the bond broker and hedge-fund manager who sold his yacht after wrong-way bets on mortgage securities …  -  Bloomberg

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Manhattan rents: The average rent for a non-doorman two-bedroom space in TriBeCa now stands at a staggering $7,442, proving that TriBeCa’s desirability has defied the economic uncertainties chipping away at rents in some other areas of the city. - 26 page pdf - The RE Group NY

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Can Interest Rates Resolve a Solvency Crises?  - liquidity vs. solvency crisis - John Mason  - Mase: Economics and Finance