Banking Links Expect Homeowner Mortgage Bailouts To Continue On Massive Scale – Mortgage Balances Exceed Home Values For 1 of 5 Homeowners – Bloomberg Looming Credit Downgrades For Citi and BofA – FT Easy Money Fuels Canada’s Housing Boom – WSJ What Caused the Housing Bubble – Lax Monetary Policy or Poor Regulation? – Credit […]
Will A New Flood Of Mortgage Bailouts And Defaults Crush Bank Earnings?
February 10, 2010 By Leave a Comment
Was The Banking Crisis The Genesis Of Sovereign Default Concerns?
February 5, 2010 By Leave a Comment
Banking Links – February 5, 2010 The Acquisition Ken Lewis May Live To Regret – The Merrill/Bank Of America Saga – Bloomberg Losses on Mortgages Cause $5 Billion Quarterly Loss At GMAC Financial – MLive Is The Fed Causing Mortgage Rates To Rise As Purchases of MBS Ends? – Bloomberg Homeowners With ARMs Blindsided By […]
Defaulting Mortgages Continue To Inflict Wide Spread Losses
February 4, 2010 By Leave a Comment
Banking Links – February 4, 2010 Why “Strategic” Mortgage Defaults Will Continue – NYT Conforming Mortgage Delinquencies Continue to Skyrocket – Trader Mark, SA Small Private Investors In Commercial Real Estate Face 100% Losses As CMBS Market Remains Frozen – WSJ FHA Facing A Crush of Foreclosures As Delinquencies Increase – NYT Proposed Banking Regulations […]
FDIC Bair Slaps Down Bernanke – Says Low Interest Rates Incited Financial Crisis
January 19, 2010 By Leave a Comment
Financial Meltdown Fueled By Misguided Fed Policies In an appearance before the Financial Crisis Inquiry Commission, FDIC Chairman Bair testified on behalf of the FDIC on the causes of the worst financial crisis since the Great Depression. Since the financial meltdown of 2008, many financial analysts and government officials have given eloquent after the fact […]