Do you remember that Fannie and Freddie had to be bailed out by the government – I mean taxpayers – so their total implosion wouldn’t trigger a global depression? The guy who engineered their bailout is worried.
The $13 billion settlement between JPMorgan Chase & Co. (NYSE: JPM) and the federal government shocked markets this week, as the fines would be a record paid by a Wall Street institution.
According to reports, the sum will amount to approximately half of the company’s 2012 profits.
There were two major housing data releases today. One of them is important. The other was a misleading misdirection play, that is leaving its creator…
Everyone makes mistakes. The best thing one can do is face up to the facts and acknowledge the error; fix the problem to the extent possible and do what is necessary to avoid repeating the mistake. Ben Bernanke’s inability to admit his (and his pr…
FEDERAL HOUSING FINANCE AGENCY
STATEMENT
For Immediate Release Contact: Corinne Russell (202) 414-6921
September 6, 2011 Stefanie Johnson (202) 414-6376
Federal Housing Finance Agency Statement on
Recent Lawsuits Filed
Upon review of media coverage…
A couple of data points reported today marked a tick and a tock on the housing market clock. The Mortgage Bankers Association Mortgage Applications Index release…
The S&P/Case Shiller Home Price Indices reported Tuesday are, as usual, so far behind the curve that not only did they miss the “double dip”…
No, this is not an April Fools joke. In a surprising turn of events, listing prices rose sharply in March. It could be a case…
