Tag Archive for Critical Forces

Last Oorahh for Housing- Professional Edition

The latest data released this week reflects the final impact of the housing tax credit and foreshadows ongoing weakness, with indications that supply pressures will lead to further price declines with associated negative impact on overall mortgage portfolio collateral in the coming year. Click here to download complete report in pdf format (Professional Edition Subscribers).…

Fed Announces Treasury Purchase Schedule

The 10 year note rallied sharply this afternoon when the Fed announced that it would begin its program of purchasing $300 billion of longer term Treasuries on Wednesday. Maturities to be purchased will be in the 7 to 10 year range. Operations will be conducted only with the Primary Dealers. These operations will add cash…

Citicorpse Uses Tarp To Expand Lending… In AUSTRALIA!

Here’s another piece that was exclusively reported this morning on The Stool Pigeons Wire by reporter Al Ceringa. In commemoration of the US$3 Trillion of new debt that is being shoved down the throats of the American Taxpayers in the last 48 hours, we the residents of Australia would like to thank all American Stoolies…