Mar 28th, 2011
by Caleb Lawrence.
Manufacturing is starting to slip. Income is tepid again after the one off tax cut. Another slow week for the FDIC, this makes 5. Pending home sales are weak.
Mar 25th, 2011
by Caleb Lawrence.
Shareholders sue to force the audit committees to investigate the foreclosure and mortgage practices of the banks. The SEC says the vote for audit will proceed.
Mar 25th, 2011
by Caleb Lawrence.
Shareholders sue to force the audit committees to investigate the foreclosure and mortgage practices of the banks. The SEC says the vote for audit will proceed.
Mar 25th, 2011
by Caleb Lawrence.
Shareholders move to sue the banks demanding an audit of mortgage and foreclosure practices. Despite legal maneuverings the SEC ruled the vote will proceed.
Mar 25th, 2011
by Caleb Lawrence.
While one has to take real estate analysis by the NAR with a grain of salt, especially when one considers the track record of their chief economist Lawrence Yun and the recent revelations regarding their overstatement of existing home sales due to poor counting methodologies. This report is actually fairly good, includes some decent graphics [...]
Mar 24th, 2011
by Caleb Lawrence.
Portugal looks to become Euro bailout #3. Fannie Mae and Freddie Mac play games with the PMI, Purchase Mortgage Insures. to hide 100′s of billion in losses.
Mar 24th, 2011
by Caleb Lawrence.
Portugal looks to become Euro bailout #3. Fannie Mae and Freddie Mac play games with the PMI, Purchase Mortgage Insures. to hide 100′s of billion in losses.
Mar 24th, 2011
by Caleb Lawrence.
A fine piece detailing the extend and pretend shenanigans over at Fannie Mae and Freddie Mac, collective black holes for our tax Dollars, and apparently worse.
Mar 23rd, 2011
by Caleb Lawrence.
New home sales and prices plunge. Oil use falls for 3-years, what recovery? Speculation drives commodities higher not real demand. Credit Unions sue the banks.
Mar 23rd, 2011
by Caleb Lawrence.
New home sales and prices plunge. Oil use falls for 3-years, what recovery? Speculation drives commodities higher not real demand. Credit Unions sue the banks.