Archive for April, 2009
Home Affordable, Mortgage Fraud, Bank Balance Sheet
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Home Affordable Gets a Solution for Second Mortgages
Okay, first off if you don’t currently read Mike Shedlock (aka Mish’s Global Economic Trend Analysis) immediately do so now (Mish’s RSS) and return. He seems to be one of the few not running a blind-sheep commentary on how the government (all parties [...]
Looking for Mortgage Recovery and Attacking Mortgage Fraud
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Looking for Anything that Says Real Estate Recovery
Home price deceleration leads the front-page real estate and mortgage news.
“While the declines in residential real estate continued into February, we witnessed some deceleration in the rate of decline in some of the markets,” said David M. Blitzer, chairman of S&P’s index committee. Still, 10 of [...]
Shifts in Mortgage Banking? Hyper-Inflation and Federal v. State Banking Powers
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Federal Reserve and Hyper-Inflation
Andy Kessler asks a very important question: How do you “Put the Toothpaste Back in the Tube?”
Kessler begins thinking about how the Federal Reserve might go about heading off inflation as the economy begins to recover:
But how? Doing the opposite of what it is doing now. By raising interest rates. [...]
