Subscribe to RSSBuys for a Buoyant Economy
I expect positive employment numbers to touch off consumer spending, home buying and automobile demand. Go to Source
Long and Strong
”People ask why I’m a long-term investor. I’m not against making money in the short term. I just don’t know how to do it.” Go to Source
A Grateful Dead Year
2009 was a textbook case of how stock markets are supposed to react to big bear markets and recessions. Go to Source
Embrace The Malaise
Own conservative stocks that pay rising dividends. PetSmart, Aaron’s and Family Dollar all qualify. Go to Source
Mortgage Market at a Glance
Weekly mortgage rates and application survey data as well as indexes for ARMs. Go to Source
Option ARM Modifications Find Little Success, Resets Still Loom Despite Lessons Learned
Industry experts can easily identify the problems with option ARMs that were made from 2004 to 2008, but modifying these loans, many of which are in default or underwater,...
Mortgage Servicing Business Shrinks Again In 3Q09 But Agency Business Still Growing
The total supply of home mortgages in the U.S. market declined again during the third quarter of 2009, according to the Federal Reserve. The Fed late last week reported...
Industry, Government Continue to Report Widely Different Levels of Loan Modification Success
The Treasury Department issued a report late last week that showed just 31,382 borrowers have obtained permanent workouts under the Obama administration’s...
The Copenhagen climate conference: The storm before the storm
The Bella Centre grows crowded and tense INSIDE the Bella Centre, the second week of talks feels subtly different from the first. Outside, it is very different indeed....
The Copenhagen climate conference: Green enough?
Gloom and doom in a very big room Some 35,000 asked to get in, but the convention centre holds only 15,000. I am one of those lucky 15,000, here to cover the opening...