For those who experienced, even tangentially, some of the fallout from the housing and foreclosure crisis, circa 2007/8 – 2012, most are aware of the
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
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
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
In Part One of my latest rant blog post, I took a look at the Big Banks and their sordid activities during the securitization heydays
Introduction. On September 2, 2013 the online Wall Street Journal carried an article that should be of interest to thousands of folks who have weathered
As some of my readers know, S&P, the largest of the ratings agencies, that in tandem with their investment banking cohorts, made millions – nay,
It is no secret that my regard for the Consumer Finance Protection Bureau (“the CFPB”) is akin to my regard for Bubonic Plague; they both
“Waaaaaa” It’s no secret that I have little sympathy for Standard and Poors and the other ratings agencies. Like carnival barkers at the securitization circus,
Background. The Big Banks, their excesses, and the stories of their rapacious greed, are slowly receding into the rearview mirror of memory, like an Elm
