mortgages

Topic of the day: Foreclosure Mills Ezra Klein - 'This is the biggest fraud in the history of the capital markets' Foreclosure Fraud For Dummies, 1: The Chains and the Stakes « Rortybomb Why TARP was wrong, Arnold Kling | EconLog |…

Mortgage applications increased last week for both refinancing and for purchase. The MBA (Mortgage Bankers Association) reported today that the application activity amounted to a "flurry" that might have been prompted by a tightening of…

While demand for housing is near an all-time low for the post World War II era, the demand for new houses is at an all-time low approximately half of the previous lows, when adjusted for population growth.

by Edward Hugh According to an intriguing article I read in Bloomberg recently an alert signal has been sounded due to the fact that house prices in the Scandinavian countries have been rising very rapidly of late. Judging by what they…

by Annaly Capital Management Today Mike Farrell appeared as a panel participant at a House Financial Services Committee entitled The Future of Housing Finance – A Review of Proposals to Address Market Structure and Transition.  The…

by Annaly Capital Management We attended Chairman Bernanke’s lecture last Friday at Princeton University, primarily because there was going to be open Q&A. As it turns out, despite our eagerly raised hand we were not called, the…

How far are we from a bottom in U.S. home prices?  There are many estimates that there could be another 10% or more for the national average and median prices to decline.  This author estimated that 2010 had a most probable…

by Annaly Salvos The title of this post may sound like a fable told by Aesop, but we assure you it’s not. We spent the early part of this week in Dallas attending the 3rd Zelman & Associates Housing Summit. The conference was attended…

Quick note: We have temporarily switched to summary RSS feeds instead of full feeds. One problem the CW site was having before we switched platforms had to do with the feeds crushing the CPU whenever we posted or edited a post.  It is…

by John Lounsbury Average home prices are virtually unchanged from July 2009 to July 2010 according to the latest report form First American CoreLogic, which provided the data for the following graph from Calculated Risk. The graph has…