“…the United States is still producing around $800 billion a year less in goods and services than it would if the economy were at full
While Fannie Mae and Freddie Mac, the two GSEs[1] who’ve received the most attention of late – and much of it bad, after being taken
Generally, the RMLS™ statistics for June 2014 follow the prior few months of improvement. The only static figure is low inventory, which has not budged
kick·back – noun \ˈkik-ˌbak\: An amount of money that is given to someone in return for providing help in a secret and dishonest business deal. Merriam-Webster online.
One toke over the line sweet Jesus One toke over the line Sittin’ downtown in a railway station One toke over the line ~ Brewer
Here are the stats for April 2014. It appears things have slowed slightly from this time last year. Prices have gone up, but that’s a
Maiden Voyage. This is the very first of what hopefully will be a series of periodic newsletters. I am hedging when I say “periodic” –
Wall Street Journal (May 8, 2014 by, Nick Timiraos, “5 Takeaways on Fannie, Freddie Earnings” ): “Mortgage giants Fannie Mae and Freddie Mac are sending
Like the prodigal son, equity has returned home. For the past five years, as collapsing values wiped out trillions of dollars of home equity, one
AND THE AWARD GOES TO… [complimentary drum roll here] Jason Furman and James Stock! [Hereinafter collectively referred to as “J&J.”] Both economists,[1] apparently shilling for
