mortgages

Hey if y'all can do it, so can we. (Hat tip Ryan Chittum)

By William K. Black (cross-posted from Benzinga.com) When Reputation becomes Ineffective or even Perverse Control fraud also makes reputation perverse. Theoclassical economists predict that reputation trumps everything, even auditors'…

By William K. Black (cross-posted from Benzinga.com) “Regulating” and “deregulating” are terms that often mislead. My next three columns discuss how to regulate two diverse activities that are critical to our economy – residential…

From today's Breakfast with Dave research note at Gluskin Sheff (highlighting added): An energy policy that truly removes U.S. dependence on foreign oil (shale case, coal, nuclear). A complete rewrite of the tax code that promotes…

by Annaly Capital Management This was a relatively data-filled week for the housing market. We’ll start with the good news. The National Association of Realtors (NAR) reported that existing home sales rose more than expected in December…

By Annaly Capital Management The next voice to be heard in the debate on the future of housing finance in the United States will be that of the Treasury Department, which is slated to release its report on the subject sometime this month.…

This marks the 4th month in a row of falling home prices, and the first negative year-over-year reading since January of 2010. Freddie Mac released their monthly volume summary for November which contained information on seriously…

if many countries were in the cast of “The Biggest Loser,” the US would be among the fattest competitors. Thus, with this report, is the US now able to say, “See here, we are going to go work as hard as the rest of you to slim down”? Maybe…

Jonathan R. Laing reports in Barrons that the exposure of U.S. banks to liability for putbacks of defective MBS (mortgage backed securities) is greater than the $52 billion reported last week from the findings of the COP (Congressional…

Randall Wray advises us to support Representative Kaptur's bill and restore the rule of law Every link of the home finance food chain promoted fraud—from mortgage brokers and appraisers who conspired to overvalue property to stick buyers…