Originations: Banking Basics. Housing Growth.
Today’s Originations linkfest. Kicking off with my favorite read of the week so far…
– Basics of banking: loans create a lot more than deposits (John Carney, CNBC)
– Jumbo mortgages are back, but far from 2007 levels (Linda Stern, Reuters)
– Jumbo MBS latest: Credit Suisse Issues $426m Deal (Jody Shenn, Bloomberg)
– Sequestration Budget Cuts To Hurt FHA Lending (Kathleen Howley, Bloomberg)
– 6 Questions On Latest Fannie/Freddie Overhaul Proposal (Nick Timiraos, WSJ)
– Wells Fargo Boosts Estimate of Possible Mortgage Costs (Dakin Campbell, Bloomberg)
– LEADING INDICATORS POINT TO MORE GROWTH FOR HOUSING AHEAD (NAHB)
– JP Morgan To Slash 15,000 Mortgage Jobs (Steve Schaefer, Forbes)
– Chinese Third-Graders Falling Behind U.S. High School Students in Math, Science (TheOnion)
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@carney, @lindastern, @nicktimiraos, @dakincampbell, @NAHBhome, @SchaeferStreet, @kmhowley, @jodyshenn