News from around the web: 2009-08-02
Good effort on what banks owe taxpayers. But, still not quite there. Hat tip Yves Smith.
CRE is the next big writedown time bomb.
A must-read piece on mortgage regulation. You should note that the article just below this is the self-regulation version that is likely to gain sway if regulation by government doesn’t happen.
Is the Fair Mortgage Collaborative, a consortium of lenders, brokers and mortgage technology providers, really a watchdog? It sounds like self-regulation to me.
Is this the end of it?
PMI is up in China
Not Armageddon, just slower growth.
Provocative insights over the Crowley-Gates dust-up
Apple is acting in a clearly anti-competitive manner. This type of thing must be stopped.
"Cities in just four states — California, Florida, Arizona and Nevada — captured 29 of the top 30 places with the highest foreclosure rates."
David Blanchflower doesn’t believe seasonal adjustments.