Banking Links – February 4, 2010
Why “Strategic” Mortgage Defaults Will Continue – NYT
Conforming Mortgage Delinquencies Continue to Skyrocket – Trader Mark, SA
FHA Facing A Crush of Foreclosures As Delinquencies Increase – NYT
Proposed Banking Regulations May Never Become Law – NYT
In Bazarro World of Falling Home Prices, Consumers Pay Credit Cards Before The Mortgage – Reuters
Buyback Losses To Pressure Bank Earnings – IMF Publications
Community Banks – The Next Bailout? – WP
Why The Government Takeover of The Mortgage Industry Will End In Disaster – FT Alphaville
Why The Fed Can’t Stop The Coming Depression -Robert Prechter
Why Soaring Bond Yields and A Crippled Economy Are Inevitable – Michael Pento
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