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Tyler Durden ZeroHedge 2/9/2012 While today’s foreclosure settlement deal is by some accounts expected to help the housing market, as the foreclosure pipeline is once again unclogged, it is unclear what this will actually do for price discovery and clearing levels when one considers the already untenable shadow housing inventory, which can be summarized simply […] February 9th, 2012 | Tags: GDP, housing crisis, interest rates, mortgage foreclosures | Category: Banking and finance, Barack Obama, Department of Justice, Housing and Urban Development | Comments are closed
Tyler Durden Zero Hedge 12/21/2011 Just the headlines for now: EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010 EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical […] December 21st, 2011 | Tags: foreclosures, GDP, housing bubble, housing crisis, mortgages, pending supply, real estate | Category: Banking and finance, Economy, Fannie Mae, Freddie Mac | Comments are closed
Derek Kravitz Associated Press via Courier-Journal 12/16/2011 WASHINGTON — Two former CEOs at mortgage giants Fannie Mae and Freddie Mac on Friday became the highest-profile individuals to be charged in connection with the 2008 financial crisis. In a lawsuit filed in New York, the Securities and Exchange Commission brought civil fraud charges against six former […] December 16th, 2011 | Tags: Daniel Mudd, housing crisis, mortgages, Richard Syron | Category: Banking and finance, corruption, Department of Justice, Fannie Mae, Freddie Mac, SEC | Comments are closed
Mike Brownfield The Morning Bell Heritage.org 12/5/2011 Ready to trade in your car for a bike, or maybe a subway instead? Interested in fewer choices for your home, paying more for housing, and being crammed into a denser neighborhood? You can have all this and more if radical environmentalists and “smart growth” advocates have their […] December 5th, 2011 | Tags: 'social justice', Agenda 21, exclusionary zoning, Executive Order 12858, housing crisis, liberal elitism, New World Order, One World Government, President Bill Clinton, President George H.W. Bush, real estate, Sustainable Development | Category: Environment, George Soros, Progressives, Socialism, United Nations, United States, US Constitution | Comments are closed
Joe Weisenthal Business Insider 12/3/2011 Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news: The housing crisis isn’t over. In fact, in her 2012 outlook piece, she says it’s “far from over” and that prices still have another 7% to decline nationally. The basic problem: There are still tons more foreclosures or […] December 3rd, 2011 | Tags: housing crisis, liquidations, Michelle Meyer, mortgage foreclosures | Category: Banking and finance, Economy, Fannie Mae, Freddie Mac | Comments are closed
Cliff Kincaid Accuracy in Media 9/22/2011 The Obama State Department and a George Soros-funded organization calling itself Global Integrity have launched an “Open Government” international initiative that should be a subject of late-night jokes. “Here in the United States, we’ve worked to make government more open and responsive than ever before,” Obama said, as his […] September 23rd, 2011 | Tags: “Open Government Partnership National Action Plan”, “Open Government Partnership”, anti-Americanism, Center for American Progress, Dodd-Frank Wall Street Reform and Consumer Protection Act, Global Integrity, housing crisis, John A. Paulson, New World Order, One World Government, Open Society Institute (OSI), Petrobras, President Dilma Rousseff, Quantum Group of Funds, Sen. David Vitter, World Bank | Category: Asia, Barack Obama, Brazil, George Soros, Marxism, Media accountability, Progressives, SEC, State Department, United Nations | Comments are closed
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