Quick links to a few of the suggestions out there on what to do about pending mortgage defaults.
Category Archives: housing
Latest economic indicators
New home sales picked up in July, and new orders for durable and capital goods grew strongly. But that was then and this is now.
Ouch
No, this was not a good housing report.
Bernanke on the economic outlook
In testimony before the U.S. Congress yesterday, Fed Chair Ben Bernanke continued his policy of greater openness and transparency for Federal Reserve policy, trying to lay out clearly what the Fed is most worried about.
The Compleat UberNerd
An UberNerd, Tanta tells us, is
someone who is compelled to understand how things work in grim detail, even if the things in question are tedious in the extreme, like mortgage insurance policies.
A Compleat UberNerd is then
Someone who has read all these posts already and quotes them at tailgate parties.
She kindly provides all the links necessary to become the Compleat UberNerd over at Calculated Risk.
CDOs: what’s the big deal?
Here are my two cents on concerns about possible systemic financial problems.
Housing’s struggle continues
As expected, those very robust new home sales numbers initially reported for April turned out to be too good to be true.
Econoblog on interest rates
I was pleased to participate in the latest
Wall Street Journal Econoblog
with Mark Zandi, Chief Economist and co-founder of Moody’s Economy.com. Here’s a brief preview of what you can
find over at the WSJ.
Slipping a little
I wouldn’t read too much into the new starts, permits, and sentiment data, but I don’t take them as very encouraging.
More on those rising interest rates
Rising rates look scary, but I still read it as good news.