Housing – Page 7 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

On Sweden’s household debt problem

Buiter was right about Europe’s phony bank stress tests and the Dutch mortgage crisis

Full text: Moody’s downgrades Canadian banks

Spain: Bad debts’ rise to record is why crisis will return

Buiter expects writedowns on Dutch mortgages, recommends debt jubilee

The Fed cannot support net interest margins

Spanish house price decline accelerates to 15.2% year-on-year

The stealth bank bailout via leveraged FHA loans

Full text: Moody’s places Canadian banks on review for downgrade

Chart of the day: Rise and decline in Dutch house price bubble, 1996-2012