Posts filed under “Credit”
Source:
Episode 463: How To Get A Country To Trust Its Banks
June 04, 2013 9:21 PM
http://www.npr.org/blogs/money/2013/06/04/188698753/episode-463-how-to-get-a-country-to-trust-its-banks?ft=1&f=93559255
The REAL Reason Housing Prices Have Skyrocketed Preface: In Part 1, we showed that mortgage applications are down, and it is really institutional investors driving the housing boom. Part 2 explains why. Housing prices have boomed because: (1) Lenders are artificially keeping vacant houses off of the market and (2) The Obama administration has…Read More
Category: Credit, Real Estate, Think Tank
Housing Prices: Up Or Down? Preface: Part 1 will discuss what’s really going on in the housing market. Part 2 explains why. CBS News noted in February: Many of those real estate buyers aren’t your everyday bargain-hunters. They’re Wall Street and international investors. While the fast money is boosting the housing market, it also…Read More
Category: Credit, Real Estate, Think Tank
Very cool look at recent decades and the fluctuations in public and private debt loads around the globe. Click to see how global economic forces have affected debt-to-GDP ratios Source: Real Time Economics Interactive by Andrew Garcia Phillips, Phil Izzo and Pat Minczeski/The Wall Street Journal
“In 1752, Prime Minister Henry Pelham converted the entire outstanding stock of British debt into consolidated annuities that would become known as consols. The consols paid interest on an annual basis just like regular bonds, but with no requirement that the government ever redeem them by repaying the face value.” -Slate Today we…Read More
Category: Credit, Fixed Income/Interest Rates
The chart above comes from a piece penned by Bob Ivry, who explored the unfair advantages of the TBTF banks. Note the chart shows how the ratings agencies would change their views — and credit ratings — of TBTF banks without the implicit promise of a bailout when any of these banks screw up….Read More
Category: Bailouts, Credit, Really, really bad calls
From a longstanding Housing analyst: After reading Gretchen Morganson’s article on the front page of the business section last week (“Note to New S.E.C. Chief: The Clock Is Ticking“) we are confronted with a massive potential legacy loan fraud at SunTrust Bank against Fannie Mae — it seems to me that this is very similar…Read More
Category: Credit, Legal, Real Estate, Think Tank
From a longstanding Housing analyst: After reading Gretchen Morganson’s article on the front page of the business section last week (“Note to New S.E.C. Chief: The Clock Is Ticking“) we are confronted with a massive potential legacy loan fraud at SunTrust Bank against Fannie Mae — it seems to me that this is very similar…Read More
Category: Credit, Legal, Real Estate, Think Tank
