Archive for September, 2011
BEA Adjusts Second Quarter GDP Growth Back Upward
This article has been contributed by the Consumer Metrics Institute. The Bureau of Economic Analysis’s (BEA) third estimate of second quarter 2011 U.S. Gross Domestic Product (GDP) was reported to… Read more
Housing Picture No Darker
This article (originally posted here) is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Follow the previous link and scroll to the end for the… Read more
Analysis of Obama’s Proposed Fannie/Freddie “Streamline Refi” Program
In the President’s speech to Congress on Thursday, Sep 8, he referenced a new program that he would initiate to assist homeowners with their housing woes. Details of the proposal have not been… Read more
The FHFA Enterprise… The Final Voyage?
In a speech at the American Mortgage Conference in Raleigh, NC this week, the director of the FHFA, Edward DeMarco, elevated Fannie and Freddie from mere GSE’s (government sponsored entities)… Read more
If We Don’t Call It a Stimulus Package, Then…
So the President gave his speech and for me it did not disappoint. It was everything I expected and more. The stern look that lets all of us know that this unemployment thing is NOT his fault. … Read more
Mortgage Rules and Reg Updates – September 2011
NMLS New Logo and Course Numbers Who would have thought that there were some fake NMLS instructors, teaching unauthorized courses out there? Well, NMLS has put the kibosh to that by requiring… Read more
The Resurgence of the Broker Market
The continued woes of Bank of America that include the potential breach of a modification accord in Nevada, the Countrywide cement shoes and the mini-bailout by Warren Buffett (not to mention Citi,… Read more
The Too Big to Fail and The Too Small to Matter
Ironically, just when most Americans were preparing to kick off their Labor Day Weekend, we were given the alarming news that NO new net jobs were created in the month of August. Happy Labor… Read more
