The housing market comprises the asset base of the banking and financial system. When home prices fall, the loss is not marked-to-market price, as the hit to lenders is taken when the foreclosure process is completed.
With the new year comes t ...
Tag: Housing Market
Blog Post - March 13th, 2012
All terms: Debt, Federal Reserve, foreclosures, Free Market, Housing Market, loans, Personal Finance, real estate crash, Shadow banks, Value
Blog Post - February 21st, 2012
The Federal Reserve holds eight regularly scheduled meetings annually, and other emergency meetings as needed. These meetings are where the carefully crafted Fedspeak message is painstakingly explained for us rubes. There is a clear difference between o ...
All terms: Currency, Debt, Federal Reserve, fraud, FRBNY, Housing Market, Monetary Policy, Ponzi Scheme, speculative bubble, Toilet Paper
Blog Post - February 10th, 2012
After long months of wrangling, the U.S government and 49 states announced yesterday a settlement agreement in the bank foreclosure scandal. But despite the tough negotiating stances taken by some states attorneys general, the end result represents only ...
All terms: bailout, banking, Bankruptcy, Barack Obama, Fannie Mae, financial regulation, Government, GSE, Housing Market
Feature - January 11th, 2012
With its recent announcement that it will begin forecasting estimates of future changes in long-term interest rates as well as plans for managing its investment portfolio, the U.S. Federal Reserve seems to be adding a new arrow in its quiver of tactics ...
Blog Post - October 4th, 2011
We often say that sliding prices represent a sliding quality of life—increasing prices are simply the opposite side of the coin of decreased purchasing power. When the price of donuts and coffee goes up, we can purchase less, not more, of them.
Over ...
Blog Post - July 18th, 2011
For the first time in the four years since the housing crisis began, things might seem like they are looking good again. According to S&P Case-Shiller’s 20-city price index, homes have fallen in price to levels not seen since 2003, and homes are mor ...
Feature - June 1st, 2011
As candidates end their flirting and begin to enter the field one by one, and Campaign 2012 takes shape, the American people will begin to get a sense of what the “hot topics” of this election cycle will be. What the political conversation ought to ...
Feature - January 12th, 2011
For nearly 100 years, banks in the United States have seemingly been above the law—flouting concepts like property rights, business ethics, and securities laws—and raking in obscene profits. But a new court ruling could spell disaster for banks—and crea ...
All terms: banking stocks, Current Analysis, Deflation, economic trends, foreclosures, Housing Market
Blog Post - December 23rd, 2010
Housing was once the engine of the U.S. economy. Today, however, real estate and housing are treated almost as if they are covered in toxic sludge. Is that a true indication of where they stand?
Today’s evidence of the housing mess comes from an unl ...
All terms: Federal Reserve, Government, Housing Market, Monetary Policy, Real Estate, real estate crash
Blog Post - August 17th, 2010
The U.S. Treasury did some work to put together a show of political theater today called Conference on the Future of Housing Finance. A panel of experts were gathered to try and come to a conclusion on what to do about the government-sponsored basket ca ...
All terms: Fannie Mae, Freddie Mac, Free Market, Government, Housing Market, Real Estate, U.S. Treasury