If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Fannie and Freddie are on soaring. For five days in a row Fannie Mae and Freddie Mac mortgage securities have rose. Interesting the rise in mortgage bonds is not due to an increase in the mortgage refinancing and modifying [...]
Mortgage Insider - Fannie, Freddie to the rescue?
MISH’S Global Economic Trend Analysis - Banks Walk Away On Foreclosures
Housing Doom - Bill Maloni: How I would Remake Federal Financial Regulation
Huffington Post - “Economists Laid End To End”: Judging The Geithner Plan
Naked Capitalism - Auto Company Plans Rejected by Task Force
Infectious Greed - Stating the Auto Obvious
Naked Capitalism - Guest Post: The Banks Were Profitable In January And February Thanks To… AIG
Huffington Post - “Let Them Have Stained Carpets” – Obama’s Marie Antoinette Moment
MISH’S Global Economic Trend Analysis - G-20 Targets Hedge Funds, Ignoring Everything Worth Discussing
Financial Times - A new [...]
Today’s Business Press - Citi to the Rescue?
The Big Picture - Haircuts for Bond Holders
Housing Doom - Bill Maloni: I Did It and So Can Fannie
Naked Capitalism - Guest post: A few thoughts about the banking crisis response in the United States
The Big Picture - Was the ‘00-03 Crash Bush’s Fault? ‘09 Obama’s?
The Big Picture - Daily Show vs CNBC
Mish’s Global Economic Analysis - Top Secret Musings And Other Economic Insanity
Naked Capitalism - The Treasury Mortgage Mod Program: Should We Hope It Doesn’t Work?
Mortgage Insider - Wasn’t the bailout supposed to expand lending?
Calculated Risk - Fed’s Lockhart on Real Estate
Infectious Greed - Bullish Data/News Only
Today’s Business Press - “It’s Like an Unending Nightmare”
Financial Times - HSBC unit ‘destroyed’ $10bn
Naked Capitalism - AIG Restructuring Leaving Best Bits to AIG, Not US Taxpayer
Huffington Post - Fannie and Freddie Will Likely Never Return To Private Hands
There’s been no shortage of government money being doled out for just about every purpose you can imagine. Automakers are taking billions of dollars in taxpayer money, desperately trying to stay solvent after years of mismanagement and cars that the average consumer refused to trust. Aid to banks has consistently continued to rise and, for [...]
Huffington Post - Paul Krugman: Stimulus Too Small, Second Package Likely (VIDEO)
The Big Picture - Inside the Meltdown
Deal Journal - Bailout Q&A: Fix Regulators, Liquidate Fannie and Freddie?
ML-Implode - Taylor, Bean & Whitaker Knock Themselves Out (of TPO)
Mortgage Insider - Should Obama slash debt of struggling homeowners?
Bloomberg – U.S. Lawmakers Agree on $789 Billion Stimulus Plan
Huffington Post – Maxine Waters Grills CEOs At Bailout Hearing, Told To Calm Down (VIDEO)
Housing Wire - Fed’s Duke Addresses ‘Unavoidable’ Foreclosures
Huffington Post - Why Is Bank of America Blaming the Financial Crisis on Dead Mothers?
Bloomberg - Fannie to Expand Mortgage Rules for Realty Investors