Recidivist mortgage servicer Ocwen gets whacked by the officialdom yet again, showing how inadequate mortgage “reforms” under Obama were.
Read more...Canadian housing continues on its relentless rise because too many people can’t afford to have it stop.
Read more...A look at the long-term role of home price bubbles in multiple countries.
Read more...Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?
Read more...A geeky accounting change in liability reporting may have real world consequences.
Read more...Treasury is starting to get serious about money laundering in high end residential real estate.
Read more...Debunking Republican canards about Dodd Frank.
Read more...As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?
Read more...There are many things for progressives to criticize Trump about. The Obama mortgage deduction sleight of hand isn’t one of them.
Read more...So how much did Blackstone promise to give to the Obama library for this huge grift, um, parting gift? As regular readers may recall, private equity firms piled into buying foreclosed single family homes on the belief that if the government (in this case, Fannie and Freddie) was selling, they wanted to be buying. And […]
Read more...Young adults have had a very rough go and don’t have good reason to expect their economic condition to improve much.
Read more...An incident from the history of newly elected senator Kamala Harris, known in California for being an opportunist even by political standards.
Read more...India’s demonetization debacle has destroyed growth in what was the world’s fastest growing economy while failing to ferret out black money.
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