Housing: A Drag on the Economy in 2011 (Part 2)
Submitted by John Lounsbury on Tue, 01/11/2011 - 13:29This article has two parts. The first is an analysis of a terribly misleading position presented by Mark Perry and Alan Reynolds.
Housing: A Drag on the Economy in 2011 (Part 1)
Submitted by John Lounsbury on Wed, 01/05/2011 - 10:38This article has two parts. The first is an analysis of a terribly misleading position presented by Mark Perry and Alan Reynolds.
Elizabeth Duke: 4 Million More Foreclosure Actions for 2011 and 2012
Submitted by John Lounsbury on Mon, 11/29/2010 - 16:16On Thursday November 18 Federal Reserve Governor Elizabeth A Duke will predict that there will be four million addition foreclosure filings in 2011 and 2012, equally divided between the two years.
Don't Be Fooled by Fewer Foreclosures: Outlook Worsens
Submitted by John Lounsbury on Wed, 11/24/2010 - 16:15It sounds contradictory, but the headline is correct.
Pending Home Sales - Don't Fight the Trend
Submitted by John Lounsbury on Wed, 11/17/2010 - 17:21A graph yesterday from the 5 Min. Forecast shows how ineffective the Federal home buyer tax credit programs were in having any lasting effect on the housing market.
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Purchase Mortgage Applications Rise
Submitted by John Lounsbury on Thu, 10/14/2010 - 14:20Mortgage applications increased last week for both refinancing and for purchase.
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Another Projection: 20% Additional Decline for Housing
Submitted by John Lounsbury on Fri, 07/30/2010 - 13:57Barry Ritholtz provides the following chart, originally from the New York Times, but updated for The Big Picture by Tags:
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Is Chapter 13 Reducing the Foreclosure Rate?
Submitted by John Lounsbury on Tue, 07/13/2010 - 12:52Chapter 13 of the bankruptcy code is known as adjustment of payments section. It is available to those with regular income who find themselves with a debt service burden that "busts thei
FBI Investigating Mortgage Fraud
Submitted by John Lounsbury on Wed, 03/31/2010 - 09:30In 2005 there were less than 600 mortgage fraud cases in the U.S. That number is approximately 400% higher today. Tags:
