The Wall Street Journal’s Nick Timiraos interviews Redfin CEO on the current housing market. Surprise surprise! Bidding wars. Comparative Home Sales Chart Here are…
Wednesday is the big day as the ECB reintroduces El Toro (LTRO) Grande otherwise known as the big Long Term Refinancing Operation. Everybody, and I…
http://www.nytimes.com/2011/08/31/business/bank-of-america-accused-of-breaching-
mortgage-accord.html?hp
Tip of the iceberg. Think BAC is the only offender? Ha Ha.
Stocks sold off and the Treasury market got a boost, coming into a week where the government will be offering $94 billion in new notes.…
The Treasury settled $49.7 billion in newly issued debt last week. Surprise, surprise, that’s almost the exact amount of MBS securities the Fed settled to…
The Treasury benefited from a “coincidental” selloff in the stock market that was accompanied by a sharp drop in Treasury yields this morning, lasting, “coincidentally”,…
Today’s report examines the latest Fed balance sheet data and surprise, surprise, the Fed had a little shrinkage problem this week. The cuts were particularly…
