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Delinquencies could pull down home prices
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The Mortgage Bankers Association reported this week nationwide home loan
delinquencies hit 9.6% at the end of September. Also, 4.5% of loans are in
some st...
56 minutes ago
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links for 2009-11-21
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Eichholtz, Kok and Quigley: Economic Value from Green Buildings This paper
provides the first credible evidence on the economic value of the
certification ...
1 hour ago
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U.S. Housing Market In For Rough 2010?
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“I don’t think the housing crisis is over. I think we’re going to see
another leg down.” -Mark Zandi, chief economist, Moody’s Economy.com “The
thing that ...
1 hour ago
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Common Misconceptions about Plagiarism and Patents: A Call for an Independent Inventor Defense
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Defenders of patents commonly say they are against innovators' ideas being "stolen" or "plagiarized." This implies that patents simply permit an innovator to...
3 hours ago
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Antidote du Jour
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Apologies for absence of links! Hope to be back to closer to usual
programming early next week.
3 hours ago
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Jim the Realtor: Trustee Sale
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Jim is featuring a few trustee sale opportunities recently ... the total
loan on this one is about $650,000 and the opening bid is $331,500 for a
2100 sq f...
4 hours ago
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A Profitable Pattern
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I have noticed a profitable pattern. I am going to cast this from the bearish perspective, but in theory it could work either way. I have a few other histori...
5 hours ago
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Nirvana is Just a Band
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|Craig Pirrong| Last week I wrote about one justification for exchange
trading and clearing mandates in derivatives markets–the market power
argument. Thi...
7 hours ago
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Time Lapse Unemployment Visualization
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Inquiring minds are watching The Geography Of A Recession, a time lapse
unemployment visualization from the start of the recession until now.
Click on the ...
9 hours ago
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Thanks For Your Support of Reason's Webathon 2009!
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Staffers in the Los Angeles and Washington offices of Reason
Foundation, the nonprofit publisher of Reason magazine, Reason.com, and
Reason.tv say ...
9 hours ago
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CurbedWire: Harlem's Vicious Circle, Williamsburg's Anticipated Sequel
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HARLEMNow that Frederick Douglass Boulevard has been dubbed Harlem's Gold Coast, it's time for folks to lodge their complaints! Writes one reader about...
11 hours ago
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Write-Offs: 11.20.09
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*$$$* Morgan Stanley's $9,000,000,000.00 Check. [Andrew Ross Sorkin]
*$$$* The Media Is Wrong About Goldman Sachs, AIG [The Atlantic]
*$$$* Steel Wins Di...
11 hours ago
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Friday Night Jazz iPod’s guilty little pleasures
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I will be incommunicado today, winging my way back from Berlin for 8 und eh
heff hours. I wrote this back in 2005, but never published it widely. Enjoy:
> ...
11 hours ago
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Of God and Money
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A priest, a minister, and a rabbi walk into an economics lab. Which one is
most likely to increase contributions to the public good?
13 hours ago
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THINKING ABOUT THE GREAT EGRE$$ION
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Everyone knows it’s coming, but when? Everyone recognizes that at some point it’s essential, but the associated benefits and risks are debatable. One thing w...
14 hours ago
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Wayward on their carry concern?
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What's really behind the deficit hawkishness?
14 hours ago
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Shedding light
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Speaking of cool data, everyone has seen the famous satellite shot of lights for North v South Korea. Vernon Henderson and his colleagues have exploited acc...
15 hours ago
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Some rental investments don't pay off
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Some rental investments don't pay off Inman News Buying foreclosed, or
otherwise inexpensive, residential units with the game plan of renting the
property ...
17 hours ago
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Flag Day at Igor’s Dungeon
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Doom Transcripts: Index & Guide Doom’s collection of transcripts of AEI
seminars now features a date-order list of our transcripts and the same list
in the...
17 hours ago
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Hopeful For Prosperous Lives, Impoverished By Their Losses
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It’s Friday desk clearing time for this blogger. “Seven people were arrested
Thursday and charged with operating a $142 million mortgage and security
fraud...
18 hours ago
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Are FHA Loan Limits Increasing $100,000?
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Buried at the bottom of a New York Times article on the trouble FHA housing
loans are in is this tidbit, Congressman Barney Frank of Massachusetts wants
to...
22 hours ago
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It’s a Peach
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I am out playing golf today, so I thought I would share with you my favorite
golf movie set to residential real estate.
[image: 17296 PEACH Irvine, CA 92...
23 hours ago
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Buzzwords in Academic Papers (Comic)
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[image: Buzzwords in Academic Papers (Comic)]This comic was really amusing,
although it might be because I'm a big nerd entertained by all things from
PHD ...
1 day ago
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China, the Renminbi, and Global Imbalances: A Quantitative View
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President Obama's trip to China has returned to scrutiny the role of China's currency and macroeconomic policies in perpetuating global imbalances. [0] [1] [2]
1 day ago
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November 19, 2009 Stock Market Recap
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Silly me. Last night when I mentioned that today's economic reports could
move the market I neglected to mention that moves in the dollar could do the
same...
1 day ago
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Deep cut in Talega
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Nothing says true wealth like the ability to slash a full "average" house's
worth ($557k) off of your asking price and still have a $1.9 million
listing. E...
1 day ago
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Kass: The Quant Bubble
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A must read...... *Pflichtlektüre......*
*"When the music stops, in terms of liquidity, things will be complicated.
But as long as the music is playing, yo...
2 days ago
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Great Quote
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With the dollar falling further each day and gold continually breaking new
records, one might ask why. Well, this short quote sums it up nicely:
*"Gold is ...
2 days ago
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Andy Stern Should Back This Cause
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[Headline explanation here.]...
3 days ago
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The Market is Moral
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Nobel laureate Edmund Phelps (also a Kauffman grantee) published this stellar essay last month, which I belatedly read today:The definition of economics with...
3 days ago
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November 16th Blogger Sentiment Poll
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This week's poll recorded the highest bearish reading since September-08.
Blogger Sentiment Poll Participants: 24/7 Wall St (-) Ahead of the Ticker
(-) Car...
4 days ago
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Will We Go the Way of Japan?--Posner
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Japan spent the 1990s unsuccessfully trying to recover from a collapse of the Japanese banking industry caused by the bursting of a housing bubble, despite a...
5 days ago
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Sound Familiar?
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A prominent American working as adviser to a foreign government successfully
bargains for the details of a new constitution – while quietly arranging a
luc...
5 days ago
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A Friday the 13th reminder: Risks of the Game
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It happens. No number of referees and/or linesmen can stop it.
Have a Good Weekend!
1 week ago
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Budget Deficits Soar Out of Control in Eurozone, Germany, US, UK, Japan;
Yen’s Last Hurrah
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Budget Deficits Soar Out of Control in Eurozone, Germany, US, UK, Japan;
Yen’s Last Hurrah by Michael Shedlock Budget deficits are soaring and
printing pre...
1 week ago
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Altos Research November 2009 Housing Update
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Altos Research has published its November 2009 Real-Time Housing Market Update. Some of the highlights of the November 2009 report: The Altos Research 10-Cit...
1 week ago
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(click image to enlarge) This graph indicates the approximate number of new
authors per year as a percentage of the 2009 world population, from 1400
thro...
2 weeks ago
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Stated Income Mortgages Are Gone
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Fed HOEPA Amendments May Signal Final Goodbye To Stated Income Stated income
loans used to commonplace in the industry. The guidelines were so loose,
many ...
3 weeks ago
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In August, QE hit the economy
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What are UK banks up to? Last month, their cash deposits at the Bank of
England fell by 6 percent. In crude cash terms, banks withdrew almost ₤10
billion.
...
2 months ago
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May 8, 2009 Stock Market Recap
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Last week was huge for the financial stocks with the BKX up 36% and XLF up
over 22%. That outperformance helped the S&P 500 to play catch up with the
Nasda...
6 months ago
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National Association of Independent Land Title Agents Conference
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The National Association of Independent Land Title Agents announces its
Spring Conference in Atlantic City, New Jersey on May 18, 2009 at the Trump
Marin...
6 months ago
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See a trend?
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When the product is bad and defective, go for sex. It always sells.
I love the GOP. Who ever thought you could sell incompetence, corruption,
fear and i...
7 months ago
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The great plains of prosperity
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*Stocks have reached what looks like a permanently high plateau. *
Irving Fisher, economics professor at Yale University, 1929.
8 months ago
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Commercial real estate
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For those of you who have not seen it, I suggest checking out
http://realestaterisk.blogspot.com.
2 years ago
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More Personnel Changes in the Works
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*CNN* is reporting that Tony Snow will likely take the job as White House
press secretary. This is a good thing. Snow is a strong, smart, savvy and
princip...
3 years ago