Must-read links on latest housing recovery news/data.
Must-read mortgage & housing links for today.
JPMorgan Chase’s CEO Jamie Dimon asked Federal Reserve Chairman Ben S. Bernanke if regulators have gone too far by reining in the U.S. banking system and are slowing economic growth. “Dimon asked whether the central banker has measured the cumulative effects of new capital requirements, mortgage standards and other rules imposed on the system in
Dealbreaker wins best headline in today’s links for the Curb Your Enthusiasm reference. First two links have rate outlooks. StockSage’s rate comments are on his first chart. -Why I Blog & Most Important Charts Today (StockSage) -7 Day Rate Predictions, June 2-9 (TheMortgageReports) -Double Dip: Altos Says Prices Rising Steadily Since Then (DSNews) -Dems Urge
Election Summary Stocks and bonds both rallied yesterday. MBS prices were better by .5 in price on the lower coupons, and .375 in the slightly higher ones on $1.7 billion in origination. The yield on the 10-yr closed at 2.59%. The election results came in after the US markets closed, but were pretty much as
Lawmakers Solicit Consumer Comments On 7 Financial & Housing Reform Topics Do you want some input in financial reform? There are many ways to do this, and here is another. The public will have the opportunity to submit written responses to seven questions that will be published in the federal register online at www.regulations.gov. The
JP Morgan Chase Profit Quadruples The FBI is investigating a possible cyber attack on Citigroup. This is a serious issue, because next time the hackers might target a bank that actually has money. (Just kidding!) But seriously folks, JPMorgan Chase & Co., the second-largest U.S. bank by assets, announced this morning that its fourth-quarter profit
The CEOs of Goldman, Bank Of America, JP Morgan Chase, and Morgan Stanley went before the Congressional Financial Crisis Inquiry Commission today to revisit what happened during the heat of the financial crisis in 2008. Yesterday the NYT published a good list of questions that should be asked. Some are populist propaganda, but many are
I am very excited, because last night I received news that I had won $5 million in the Netherlands lotto! Unfortunately I will receive $5 a year for a million years… Seriously, not a day goes by that I don’t receive some e-mail like, “Wherein your email address emerged as one of the online Winning