Housing

William K. Black is an Associate Professor of Economics and Law at the University of Missouri-Kansas City. He is a white-collar criminologist and was a senior financial regulator. He is the author of The Best Way to Rob a Bank is to Own…

Lender Processing Services releases a monthly data set which gives a better view into how the mortgage market is doing overall. I have taken a look at the most recent publication and have a few charts to share with you below on the data…

by John Lounsbury It may not be South Florida, but there are condo problems in Raleigh, NC too.  Sunday 32 condo units were auctioned off at an average price of $210 per square foot in the West condo unit in a downtown entertainment…

The banking has not reached the halfway point, maybe not even the midpoint of the first quarter. The FDIC has recorded 307 bank failures. The total could reach 1,800 - 3,000.

There seem to be some weak and also some fairly good correlations between foreclosures and unemployment. However, there are likely be housing bubble factors as well.

by Annaly Capital Management Thursday’s third quarter GDP release provides a ton of fodder for the data dorks among us. There will be more to follow on this in the October monthly commentary, but today we’ll look at just one of the…

By William K. Black and L. Randall Wray William K. Black is an Associate Professor of Economics and Law at the University of Missouri-Kansas City. He is a white-collar criminologist and was a senior financial regulator. He is the author of…

Nationwide Building Society reported a fall of 0.7% in British house prices in October, furthering the double dip in the UK housing market. According to the figures released this morning, the smoother three-month average decline accelerated…

By Vedran Vuk A friend of mine met an interesting real estate investor recently. The guy claimed that he escaped the entire market crash relatively unscathed. At first, I didn’t really believe it, but his strategy made a lot of sense. I…

Short clip below. Regarding the comments about Citi, see this article here. This is not new news because Bowen testified in April (see here). Yet, nothing was done in the intervening six months until the foreclosure crisis precipitated…