housing bear market
Weak In Review
Now that I’ve recovered from turkey overload, it’s time to digest last week’s economic data turkeys. Case Shiller was out with more late data last week. I say late because the data includes sales only through September. Call it the curve behind the curve. Not only is it late, the index is an average of […]
30Nov2009 | Lee Adler- The Wall Street Examiner | 0 comments | Continued
Top Forensic Loan Auditor Comments on Wells’ Pay Option Situation
Calling B.S. on pollyanna-ish appraisals of Wells’ Pay Option ARM risk, with the help of an industry expert.
30Nov2009 | admin | 2 comments | Continued
Losses and Zombie Debt in Residential Mortgages Surpass $5 Trillion
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis.
25Nov2009 | MichaelWhite | 1 comment | Continued
Case-Shiller Still Predicts Massive 45% Fall From Today’s Values
The 10 major cities in the Standard & Poor’s/Case-Shiller home price index have risen 5% from their April low, but the index is still predicting a massive 45% fall from today’s values.
24Nov2009 | MichaelWhite | 52 comments | Continued
Single-Family Inventories Remain Oversupplied by 900,000 Units
Inventory of single-family homes fell 60,000 units in October. They remain oversupplied by 908,000 units when compared to the long-run average.
23Nov2009 | MichaelWhite | 3 comments | Continued
Implode-O-Meter News- An error has occurred, which probably means the feed is down. Try again later.
- Mortgage Lender Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
- Bank Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
- Hedge Fund Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
- Builder Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
Further to my comment of 9 August 2016, unlike the old Bank Rate system with its high interest rates, Quantitative…