Today's Orignations linkfest on the debate about housing recovery.
Goldman Sachs
Today's Orignations linkfest on the debate about housing recovery.
Great report and charts Goldman published this week on Fed's impact on rate markets.
Housing report from Goldman's economic analysis team.
If the Fed does QE3, it'll likely focus on mortgage bond buying. But it could actually hurt rates near term.
Is Goldman Sachs bashing really warranted?
Is Goldman Sachs bashing really warranted?
More bank stress tests coming. Here's why U.S. banks are pushing back on how tests work.
More bank stress tests coming. Here's why U.S. banks are pushing back on how tests work.
Today’s links on buying a home, walking away from a home, unemployment, and a declining economic outlook. – Is It Time to Buy A Home? (WSJ) – Ethics of Mortgage Loan Default (ZeroHedge) – 25m Unemployed or Can’t Find Full Time Job (NPR via Ritholtz) – Goldman Sachs Backpedals On Economic Outlook (ZeroHedge) – Larry
I finally saw HBO’s Too Big To Fail, a movie based on Andrew Ross Sorkin’s book of the same name. It was about Treasury Secretary Hank Paulson’s enactment of TARP during the darkest days of the financial crisis, and begins with Treasury taking over Fannie and Freddie on Sunday, September 7, 2008. That day, my
Per the FDIC, commercial banks and savings institutions insured by them “reported an aggregate profit of $29 billion in the first quarter of 2011, an $11.6 billion improvement (66.5%) from the $17.4 billion in net income the industry reported in 1Q2010. This is the seventh consecutive quarter of year-over-year earnings growth, although it is the
Per the FDIC, commercial banks and savings institutions insured by them “reported an aggregate profit of $29 billion in the first quarter of 2011, an $11.6 billion improvement (66.5%) from the $17.4 billion in net income the industry reported in 1Q2010. This is the seventh consecutive quarter of year-over-year earnings growth, although it is the
Below are two notable items on this slow news day, as well as a primer on how mortgage banks lock loans and hedge risk. (1) The bankruptcy trustee for Thornburg Mortgage sued Goldman, Barclays and other big banks for a combined $2.2 billion, blaming them for its bankruptcy. Meanwhile, former Thornburg CEO Larry Goldstone is
Awhile back I wrote that if Barry Ritholtz was a rapper, he’d be Gift of Gab from Blackalicious. His retort was that he’s all 3 Beastie Boys. I can dig that: the dude’s “got more stories than JD’s got Salinger.” So kicking off today with an inflation story originated on his blog—context for today’s PPI

