Archive for consumer
Media and Market Overreact As Usual to Weaker Housing Data
The mainstream financial media breathlessly proclaimed the worst housing data in x months this morning, on the release of the Commerce Department’s monthly new home sales data. I won’t go… Read more
Bank of America Freddie Mac and Fannie Mae Denials for Modification Sent Out In Error due to ‘System’ Mistake
Letters have been going out erroneously to borrowers with Bank of America letterhead stating the following: Bank of America, N.A. 5401 N Beach St TX2-977-01-34 Forth Worth, TX 76137 borrower… Read more
Bernanke Successfully Re-Inflating Housing, Unbeknownst To Shiller
Adapted from the Wall Street Examiner. There were two major housing data releases today. One of them is important. The other was a misleading misdirection play, as it usually is. Due to its… Read more
Taking a Closer Look at Mixed Signals
This post is contributed by the Consumer Metrics Institute. For those of us who track the macro-econometric behavior of consumers, the past six or seven months have been (at best) challenging…. Read more
“What Ronald Reagan said about the federal government…” (Mtg. Regs Update)
I’m sure that at some point in your life, you’ve heard the three biggest lies in the world…. “Your check is in the mail.” Or: “I promise I’ll respect you in the morning.” And as… 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
To Buy Or Rent – Factors For Students And Other Semi-Permanent Big-City Residents
As the parent of a college-aged offspring, you know the pressures of trying to find rooming situations, particularly in big cities like NY. Many of you may even have to travel great lengths just to… Read more
