Tag Archive for Banks In The Us

WSJ Reports on Bidding Wars in the Housing Market- Video

The Wall Street Journal’s Nick Timiraos interviews Redfin CEO on the current housing market. Surprise surprise! Bidding wars.   Comparative Home Sales Chart Related story- Shiller Unaware Bernankinflation Winning   Get regular updates on the US housing market, and stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks…

If The Guilty (Mortgage Mafia) Are Never Punished, Housing Will Never Recover

The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available to subscribers here. Housing data continues to be mixed. Lagging closed sales data shows prices still declining. However, the most current sales data represents January closings, which were mostly sales…

Treasury Running Out of Cash, Announces 64-Day CMB In Addition To Usual Weekly Bill Offerings

Apparently seeing revenues falling well short of forecasts, the US Treasury today announced a surprise $20 billion Cash Management Bill (CMB). This bill was not included in the TBAC (Treasury Borrowing Advisory Committee)  forecast schedule posted just last week. The simultaneously announced regular 6 month bill was $1 billion above the TBAC forecast. Here are…